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Tag Archives: redundancies

Moneypoint redundancies timeline ‘unrealistic’ say shop stewards

IN a document sent by Moneypoint Shop Stewards to management, they claim that the goal of having the significant cost cutting, which involves over 100 redundancies at the West Clare plant, complete by October is “unrealistic”. They declined to attend a briefing as they claimed “there is not a complete range of options to be discussed.” Their email made four points; that they are of the view that there should be no compulsory redundancies, that maximum employment should be maintained at the plant, that terms and conditions for workers should be maintained, and that there should be a specific voluntary service scheme for Moneypoint. They stated that they are willing to engage with management, but need to have a situation where “a complete suite of options” has been communicated, in advance.   Owen Ryan

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27 jobs to go at Shannon Heritage

TWENTY-SEVEN employees of Shannon Heritage are reported to have accepted a voluntary severance package offer. The redundancies, according to a source based at Bunratty Folk Park, come after two years of financial losses. In response, a spokesperson for the company said, “Shannon Heritage employs over 360 staff across all its visitor sites in the peak tourist season and is central to the prosperity of the regional economy, delivering significant spin-off benefits to a range of businesses each year. Like all businesses, Shannon Heritage needs to continuously look at ways to improve its operating efficiency. “As part of this, we introduced a voluntary severance scheme across all our sites, which enables us to restructure how we deliver our services. We continue to invest in our people and facilities to ensure we offer a first-class customer experience.” The spokesperson added, “Through this voluntary process, we are pleased to have been able to accommodate the majority of staff who applied to avail of this opportunity. …

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Roche’s €27.5m on wages and pensions

WAGES, salaries, social insurance and pensions cost Roche €27.5 million last year, it emerged this week. According to company accounts filed for the financial year ended December 31, 2015, Roche Ireland Limited spent €20.7m on wages and salaries; €2.2m on social insurance; €3.5m on defined benefit pension service costs and €977,000 on other benefits. The total figure is up from €24.8m a year earlier. It has also emerged that a majority of employees have taken a generous redundancy package of six weeks wages from the company, plus two weeks statutory redundancy, depending on years of service as part of their exit compensation. All of this is capped at a maximum of 2.5 years wages. A small number of employees, believed to be in the region of 10%, have secured jobs in other pharmaceutical companies. SIPTU industrial organiser Paul dePuis believes all the redundancies will be on a voluntary basis. However, if the company does not secure the number of voluntary …

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