The Irish Examiner reports that hundreds of jobs could be at risk at a series of firms linked to the Calyx Group after the firm was put into receivership. In a statement, a spokesperson for the Kavanagh/Fennell insolvency practice said the IT firm had been put into receivership as the debt on its balance sheet […]
Finnish company Tecnotree, formerly Tecnoman, is seeking 80 redundancies from its workforce of 141 in Shannon. According to a statement made to the Finnish stock exchange, the company is seeking the redundancies due to the current economic climate and reduced demand for its products and services. Tecnotree supplies business and operations support systems for telecom […]
GE Money to cut 130 jobs in Shannon 50 jobs are expected to be lost at the GE Money company in Shannon, and a further 15 at its base in Dublin, as a result of company restructuring. The company is involved in the sale of financial products including insurance, mortgages, car and personal loans, financial […]
Workers at Teva, one of the biggest pharmaceutical factories in Waterford, were told by management this morning that 315 jobs are to go at the plant. The plant manufactures inhalers and tablets. It is understood that tablet production will cease at the factory within 12 months. Teva is one of the biggest pharmaceutical employers in […]
Drugs manufacturer Elan is to make 29 workers redundant at its plant in Athlone. The move follows a decision by Eli-Lilly to end production of the drug Duloxetine at the Elan plant in Monksland outside Athlone. The company says the redundancies will be voluntary. It is the second time in recent months that the Elan […]
Bausch & Lomb has confirmed it is seeking 120 redundancies at its Waterford plant. The plant currently employs 1,200 people manufacturing contact lenses and other eye health products. The announcement came after management met staff and union representatives last night and this morning.
Eircom says it has agreed a restructuring deal with union representatives which will result in 1,200 jobs being cut over the next two years. The telecoms company says the agreement also includes a two-year pay freeze – until June 2011 – and cuts of around 25% in some staff allowances such as subsistence and mileage […]
DHL is seeking 320 redundancies as it closes depots in Athlone, Galway, Sligo, Cavan, Enniscorthy, Waterford and Tralee. Company representatives are to meet unions on Monday morning, and a DHL Express spokeswoman said the redundancy package offered would be “generous and in line with best practice”. DHL Express is the courier operation of Europe’s biggest […]
GE Healthcare has announced that 50 jobs will be lost, over the coming 12 months, at its plant in Carrigtwohill in Co Cork. To company representative said that half of the total number of the redundancies are expected to be voluntary.
Tyrone cutting further 90 jobs A Tyrone engineering company is to make 90 people redundant . Dungannon-based Powerscreen had already made 70 workers redundant at the end of last year, following a drop in orders. Today the company announced a further 90 redundancies from its strong 490 staff.
Ulster Bank Group is to absorb the business of First Active, formerly the First National Building Society, with the loss of 750 jobs. 550 jobs are to go at its operations in the Republic and a further 200 in Northern Ireland. In 2003 First Active was acquired by Ulster Bank Limited, part of The Royal […]
Aer Arann is to cut its workforce by up to 25 per cent as it looks to reduce costs by seeking up to 100 redundancies. The firm says that the cost-reduction programme is “being implemented to ensure the airline’s long-term future”, and it will lead to an increasing concentration on the charter and “wet lease” […]
Arnotts have announced that they will be making 600 retail workers redundant. They are planning to invest 750m redeveloping their Henry Street store. When finished it will employ approx 1200 staff.