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Friday 23 October 2020
The PUP will move from two rates of payment to three rates, and the top rate is being reduced.
The bank suffered a loss of €276 million in the first six months of the year.
The LVA has indicated there may also be further significant job losses ahead.
M&S was in the middle of a restructuring when the pandemic hit.
Trade union Fórsa criticised the approach taken by Aer Lingus.
The airline said the Covid-19 pandemic is having a “catastrophic effect on the aviation industry”.
Strict new coronavirus measures have come into effect – here’s what they mean for you.
The Canadian plane maker says Covid-19 has forced it to resize its business.
In total, 35 stores will be permanently closed in the UK and Ireland, with 545 job losses.
Employees are being consulted as part of the redundancy process.
Boris Johnson said the UK government will take an ‘interventionist’ approach to support the economy.
Staff at Dublin and Cork airports face further pay and roster cuts.
Employment levels were down to 1.75 million people by the end of April.
Meanwhile, a medical expert dismissed Donald Trump’s claim that Covid-19 will “go away” without a vaccine.
Several hundred people are employed by the company in Dublin.
Financial advisory firm EY says job losses could be between 177,000 and 318,000 depending on how long restrictions last this summer.
From cafes to bookshops, businesses are hoping online sales get them through the coronavirus crisis.
The jobs will be cut between June and October.
The closure will result in the loss of almost 80 jobs at the Dublin 2 private members club.
It was reported in recent weeks that the company may cut up to 65 jobs in the next month.
The company has entered a 30-day consultation period with employees.
The decision was taken after a continuing decline in circulation and advertising revenue in the sector.
The positions will be phased out in the coming months.
ISME boss says a referendum is not needed on payouts and calls for action before businesses close down.
Many firms face collapse if supports are not urgently put in place, Ibec has warned.
CEO Michael O’Leary told staff about the potential job losses in a video message this week.
Bord na Móna confirmed that 70 permanent employees will be put on temporary unpaid leave.
Research from University College Cork has identified the top 10 most at-risk towns in Ireland for the first time.
Meanwhile, Ford has announced a number of job cuts, as it plans a restructuring of its European operations.
A restructuring of the company to decarbonise its business over ten years is expected to be announced tomorrow.
The soft drinks giant is closing its Athy factory and moving production to Mayo.
Fine Gael TD Tony McLoughlin called it a “very disappointing announcement for Sligo”.
The company claims the move is partly to do with ongoing strike action by pilots.
An Bord Pleanála has said the British-owned retailer’s Fonthill store is breaking planning rules.
Unions have said that they will not accept the plant’s closure.
Local TD Michael Fitzmaurice said he is “dismayed” at the news.
The jobs have been described as the “life blood” of the economy in Nenagh.
Max Factor manufacturer Coty met with staff today to announce the closure of its Tipperary plant.
The state was forced to pick up the €2 million tab for sacked workers’ redundancy entitlements.
With redundancies to begin in July, the town of Leixlip is preparing for the mass exodus.
The news caps a difficult 2016 for the charity.
AS THE COUNTRY enters Level 5 restrictions for the next six weeks, we’ll all be finding different ways to occupy our time or take a break from work.
In April and May, many people put their trainers on and went for long walks, jogs or runs. Others took a dip in the sea.
With restrictions now in place, we want to know: Do you plan to exercise more over the next six weeks?
Poll Results:
Share your story: voices@thejournal.ie
Some sun with a couple of showers; cool
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Min: 7 °C
Windy with periods of rain
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Min: 7 °C
Mainly cloudy, showers around; breezy
Max: 12 °C
Min: 7 °C
