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Thursday 30 March 2023 Dublin: 8°C

# Restructuring

All time
# Cuts
RTÉ journalists say plan to cut top presenters' pay 'doesn't go far enough'
The NUJ members have suggested a new rule that no one in the organisation earns more than the top civil service salary.
# Cuts
RTÉ director general says more land at Donnybrook campus will be sold
The national broadcaster has revealed details of a plan which will see 200 jobs cut next year.
# Restructuring
'None of these are easy decisions': 27% donations drop leads to job losses at Irish Red Cross
The charity has also experienced financial costs through regulation and governance.
# Restructuring
'A realistic chance for counties who don't see the limelight': Dramatic proposal to revamp minor football
Clare club Cooraclare are proposing an overhaul of the U17 grade at this weekend’s GAA Congress.
# Axed
Irish jobs unaffected by significant shake-up at Tesco
1,700 jobs are at risk in the UK due to an operational overhaul.
# Restructuring
GAA President confirms plan to radically overhaul the All-Ireland hurling championship for 2018
Group stages are coming into the Munster and Leinster championships if new proposals go through.
# Leixlip
Intel is laying off 12,000 staff - but no word on Irish jobs yet
The company says that it is not commenting on specifics just yet.
# exodus
Twitter really isn't messing around with its restructuring plans
Four of its top executives are now leaving the company as the company tries to reverse its fortunes.
# Restructuring
No comment from Twitter's Irish office as company plans to lay off 8% of global staff
336 employees will be laid off as part of Twitter’s restructuring plans, but it’s unclear how it will affect its Dublin office.
# Restructuring
Samsung plans to scrap its metal Galaxy Alpha in favour of cheaper phones
Although it’s being replaced by two newer (and cheaper) mid-range devices.
# London's Calling
RTÉ to reverse much-criticised London correspondent axing
The move comes alongside the removal of the national broadcaster’s Europe correspondent.
# aerospace
Almost 400 jobs to go at Bombardier in Belfast
The company is currently undergoing a global restructuring, in which 1,800 jobs are at risk.
# Restructuring
Mobile company Three announces 160 job losses
The company said the changes are being made because of duplication in roles after its acquisition of O2.
# gone
The man in charge of restructuring credit unions has resigned after 14 months
Donal Coghlan is taking up an unspecified role in the private sector.
# Restructuring
Troubled Malaysia Airlines shares suspended as it prepares to go private
The airline lost 443m ringgit in the first quarter of this year.
# On the up
Games and box-office movies help Sony post surprise profit
Despite posting a net profit of €194 million this quarter, Sony still expects to make a full-year loss.
# Microsoft
Microsoft announces 18,000 job cuts in global workforce
Cuts are part of Microsoft’s effort to integrate the Nokia business and are expected to have a limited impact on Irish operations.
# Restructuring
Strong PS4 and smartphone sales not enough to keep Sony out of the red
The company lost €916 million during its fiscal year to March, and expects to lose €356 million net loss over the next twelve months.
# Restructuring
Noonan says SME debt is being 'sorted out'
The Minister for Finance said SME debt is ‘far down’ the list of concerns in comparison to national debt.
# carl scarpa
Carl Scarpa to exit examinership and save jobs but two stores will close
The Blanchardstown and Belfast stores will shut but 68 out of 80 at risk roles will remain.
# Jobswatch
Up to 35 jobs to go at Bulmers following merger with drinks group
TheJournal.ie understands that Bulmers’ commercial team may be halved after C&C’s acquisition of the Gleesons Group.
# Jobswatch
Aviva to cut 2,000 jobs worldwide - but no changes to Irish jobs
The insurance giant is to cut 2,000 jobs across the UK, Europe and Asia.
# Economy
Central Bank Governor calls for focus on corporate restructuring
Patrick Honohan said many firms may need restructuring to survive and avoid imminent loan defaults.
# Deal or no deal?
Brussels says report on Troika loan proposal is "simply not true"
The European Commission flatly denies an RTÉ report saying the Troika are considering extending the schedule for repayments.
# Permanent TSB
PTSB to 'carve viable business' out of current bank
Bank welcomes Troika and government approval
# Credit Unions
Report calls for restructuring of credit union sector
The Finance Minister has said recommendations made by the Commission on Credit Unions will inform Government policy on credit unions for the “foreseeable future”.
# Aviva
Unions to meet with Aviva over fears for 1,000 jobs
Officials and representatives of the UNITE union will managers later today, fearing that 1,000 of its 2,100 staff could be laid off.
# Aviva
Aviva managers ‘refuse to deny’ 500 job losses on the way
Fears are growing that hundreds of jobs could be cut after unions met with managers at the insurance giant this morning.
# Explainer
Explainer: If Greece goes bust, who gets crushed?
Take a look at who is the most exposed when it comes to the possibility of a Greek default…