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12/01/2009
Waterford Workers Hit By Job Cuts
Almost 370 UK workers have been made redundant at Waterford Wedgwood in Staffordshire.
The Tanaiste is now holding emergency talks with the company's union reps this afternoon to discuss employee pension scheme, after it was announced that Waterford's operations had gone into receivership.
Land of Leather has also caused some concern among its customers after calling in administrators and suspending its shares on the British stock market.
The furniture retailer attempted to reassure its customers it will either honour their orders or return their deposits following the news.
The retailer's shares fell more than 99% last year after a slide in sales resulted in a full-year loss.
The company had hoped a strong clearance sale would revitalise the company's margins, but the winter sales figures were disappointing.
The companies website has now been taken offline and is listed as "unavailable".
Last-ditch takeover talks were ended last month after the company said the offers it received would have produced "insufficient value" for investors.
(DW)
The Tanaiste is now holding emergency talks with the company's union reps this afternoon to discuss employee pension scheme, after it was announced that Waterford's operations had gone into receivership.
Land of Leather has also caused some concern among its customers after calling in administrators and suspending its shares on the British stock market.
The furniture retailer attempted to reassure its customers it will either honour their orders or return their deposits following the news.
The retailer's shares fell more than 99% last year after a slide in sales resulted in a full-year loss.
The company had hoped a strong clearance sale would revitalise the company's margins, but the winter sales figures were disappointing.
The companies website has now been taken offline and is listed as "unavailable".
Last-ditch takeover talks were ended last month after the company said the offers it received would have produced "insufficient value" for investors.
(DW)
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Unite To Challenge Waterford Crystal Trademark
Waterford Crystal glass should only be made in Waterford, a European legal campaign in hoping to establish.
Unite To Challenge Waterford Crystal Trademark
Waterford Crystal glass should only be made in Waterford, a European legal campaign in hoping to establish.
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Firms Win InterTradeIreland Competition
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Firms Win InterTradeIreland Competition
Two Northern firms have excelled in what is the largest business competition on the island of Ireland - Seedcorn 2010. Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
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150 jobs are expected to be created in Waterford by West Pharmaceutical Services, supplier of solutions for injectable drug administration. The company is expanding its global manufacturing operations to include a new site in Waterford that will produce packaging components for insulin injector cartridges.
Pharmaceutical Company Announces 150 Waterford Jobs
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Former Irish Times Editor Dies
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Journalist Ella Shanahan, has passed away in her County Waterford home. Ms Shanahan, 60, was the former London Editor of The Irish Times. She will also be remembered for her work in the RTÉ newsroom in the 1970s.
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Former Waterford Crystal Workers Receive €180m Settlement Offer
Former Waterford Crystal workers have received letters confirming settlement payments of €180 million bringing to an end their long-running pension battle. The Department of Social Protection issued the letter on Wednesday, confirming the pension settlement and lump sum payouts.
Former Waterford Crystal Workers Receive €180m Settlement Offer
Former Waterford Crystal workers have received letters confirming settlement payments of €180 million bringing to an end their long-running pension battle. The Department of Social Protection issued the letter on Wednesday, confirming the pension settlement and lump sum payouts.
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