The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58 - Publishing activities
205 jobs Number of planned job losses
Announcement Date
23 April 2004
Employment effect (start)
Foreseen end date
21 May 2004
Description
Independent Newspapers in Dublin is seeking up to 205 redundancies, almost a third of its workforce in the capital - to be completed by the end of May 2004. Independent Newspapers announced that it plans to outsource many of the functions currently carried out in its Middle Abbey Street operation in Dublin. The Irish Independent, Evening Herald and Sunday Independent are produced at its Dublin office. The redundancies are affecting clerical, administrative, telesales, finance and pre-press areas. Journalists in Middle Abbey Street and printing staff at City West, both in Dublin, are not affected by the decision. Clerical, administrative, telesales and pre-press functions are increasingly being outsourced by the company and it is negotiating with various 'service providers' to perform these tasks in future. A comprehensive severance package is on offer ranging from 40,000 euros for an employee with short service to 260,000 euros for an employee with 40 years' service.
Sources
27 May 2004: Industrial relations news
24 April 2004: The Irish Times
Citation
Eurofound (2004), Independent Newspapers, Outsourcing in Ireland, factsheet number 60384, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60384.
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