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26/06/2015
Job Cuts At Liberty Insurance 'Massive Blow'
A total of two hundred and seventy jobs are to be cut at Liberty Insurance across Ireland in the next 18 months.
It is understood that 135 jobs are expected to be lost in Dublin along with 115 in Cavan and some 20 in the north.
According to reports the job cuts will be voluntary, with anyone taking a cut offered four weeks' pay in addition to statutory redundancy.
News of the cuts have been widely criticised, with Fianna Fáil's Jack Chambers describing them as a "massive blow".
"The top priority must be to help the staff who will lose their jobs as a result of this decision. Although the company says the redundancies are voluntary, many workers have been left in shock today and they feel they have little choice due to Liberty’s decision to pull out of the UK market. These people will need every support possible to secure new employment locally," Cllr Chambers said.
(MH)
It is understood that 135 jobs are expected to be lost in Dublin along with 115 in Cavan and some 20 in the north.
According to reports the job cuts will be voluntary, with anyone taking a cut offered four weeks' pay in addition to statutory redundancy.
News of the cuts have been widely criticised, with Fianna Fáil's Jack Chambers describing them as a "massive blow".
"The top priority must be to help the staff who will lose their jobs as a result of this decision. Although the company says the redundancies are voluntary, many workers have been left in shock today and they feel they have little choice due to Liberty’s decision to pull out of the UK market. These people will need every support possible to secure new employment locally," Cllr Chambers said.
(MH)
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