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22/02/2013
Bus Eireann Staff Warned To Accept Cuts Or Face Job Losses
Bus Eireann’s 2,500 employees have been warned that if they do not accept cuts to premium pay, expenses and holidays, totalling €4.8m, they may no longer even have jobs.
The warning came from Bus Eireann chief executive Martin Nolan, who went on to tell workers that industrial action could lead to widespread redundancies, as the company's future is in jeopardy.
Saying that “job losses may be unavoidable," he added that Bus Eireann has "no safety net", unlike the wider public service, and it would have no option but to cut pay and reduce staff if they did not co-operate.
The semi-state transport boss said it had to achieve savings of €20m, but €7.6m payroll savings had yet to be delivered.
It said acceptance of Labour Court-backed cuts would deliver €4.8m savings.
He said the payroll cuts would impact on all staff, including management, who had to contribute over 8% of the cuts.
(H)
The warning came from Bus Eireann chief executive Martin Nolan, who went on to tell workers that industrial action could lead to widespread redundancies, as the company's future is in jeopardy.
Saying that “job losses may be unavoidable," he added that Bus Eireann has "no safety net", unlike the wider public service, and it would have no option but to cut pay and reduce staff if they did not co-operate.
The semi-state transport boss said it had to achieve savings of €20m, but €7.6m payroll savings had yet to be delivered.
It said acceptance of Labour Court-backed cuts would deliver €4.8m savings.
He said the payroll cuts would impact on all staff, including management, who had to contribute over 8% of the cuts.
(H)
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