Debenhams workers across the country will protest outside Bank of Ireland branches at 12 noon today.
Debenhams' 11 Irish stores have been placed into liquidation but the company isn't providing redundancy packages to its staff.
Around 90 jobs have been lost at its store in Waterford's City Square.
Michelle Gavin, who worked in the Waterford shop, says Bank of Ireland is a part owner of Debenhams:
"They're the ones that had a stake in it, I think they have a 4 per cent stake in the company. We feel with their 4 per cent stake and the amount of money they made last year, and with the loophole that's there, that they should well be able to pay us a redundancy package."
She says laid-off staff in Waterford will hold their protest outside City Square:
"We're just kind of conscious of social distancing and where Bank of Ireland is on the quay. It might be just a bit awkward so we felt it might be better if we do it outside City Square again. The message is we're not going away. The recognised redundancy package for Debenhams is four weeks' pay per year and that's their debt and they should pay it; they should pay their debt before they move away.
"We're all stressed and worried about the pandemic and we have this added stress on top of us and if they had just accepted and paid those four weeks we could have all put this behind us and moved on."