Archive for the ‘Bad News :(’ Category

SR Technics announce 1,100 job losses

Thursday, February 12th, 2009

While it was expected, given the way meetings were called with management and staff in the last day or so, it has just been annouced that 1,100 jobs will be lost at their facility at Dublin airport. No details on the timeline for redundancies were provided, but union representatives said that they expect some staff could be redundant within a month. More details are expected to materialise through the coming hours and days. RTE’s coverage on the situation is available here

Gloomy piece of news #2 - 1,900 Dell redundancies

Thursday, January 8th, 2009

Well, it was long expected but its finally happened. This story has just been posted on the RTE News site. Production is being moved to lower cost economies Our best wishes go out to all those affected. The good news is there will be life at Dell, even if it doesn’t feel like it right now. I’m sure RocketJobs.ie and the other job sites will see an increase in traffic over the next while, but I’m certain that we will see spin out companies emerging in Limerick as part of the “enforced entrepreneurship” that comes with such a large lay-off. Just look at the positive results after the DEC closure and aren’t we so much richer for it?

Gloomy piece of news #1

Friday, January 2nd, 2009

The CIPD have just release the results of a survey that basically tells us what we all suspected. A survey of their members (HR managers) shows that they are expecting a reduction in staff numbers, but not necessaily through redundancies. Companies are looking at alternatives like sabbaticals, salary cuts and reduced working hours.