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Tag Archives: redundancy

Updated: Voluntary redundancy scheme for Shannon

SOURCES on Wednesday evening indicated that employees aged in their mid 50s and older at Shannon Airport will be offered a voluntary redundancy package. While Shannon’s traffic has increased since it separated from the Dublin Airport Authority at the start of 2013, it is still less than 50% of what it was at its peak. As far back as June 2015, a voluntary redundancy scheme for the airport was first proposed, at a time when Neil Pakey was still its CEO. Then it was said that such a move would be required to address Shannon’s cost base, with staffing levels still relatively similiar to 2006 and 2007, when Shannon had more than 3.6 million passengers per annum. To put it in perspective, there were 1.7 million passengers in 2016. It appears that the savings achieved through redundancies would be used in part to fund redevelopment at the airport. At the moment some works are underway in the terminal building and there are …

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Jobs going as Shannon firm to close

SHANNON Free Zone is facing another jobs hit, with news on Thursday that electrical switchgear company  Kraus & Naimer will cease production at the end of January. It will result in 63 direct employees losing their jobs, as well as two contractors. There had already been a handful of redundancies there and staff had been on short time. It’s understood that many of the workers have long service behind them and that union officials came to the Shannon plant on Thursday to meet with management. Clare TD Timmy Dooley said he was sorry to hear of the jobs going.  “My initial reacion is that I’m very disappointed to hear of the jobs going. It’s a devastating blow to the workforce and my thoughts are with the people losing their jobs as Christmas approaches.” Local Councillor Sean McLoughlin also said it was a difficult time of year to be receiving the news. “It’s a big blow, particularly at this time of …

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