Type
Internal restructuring
Country
Ireland
Region
Border, Midland and Western; Midland; Midland
Location of affected unit(s)
Athlone
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52.2 - Support activities for transportation

120 jobs
Number of planned job losses
Job loss
Announcement Date
27 August 2008
Employment effect (start)
Foreseen end date
30 August 2008

Description

About 120 staff employed by Westlink Bridge Ltd at the M50 West-Link toll bridge have lost their jobs due to the fact that a barrier-free system came into operation on Saturday, August 30. The 120 staff say they have reluctantly accepted a compensation package from parent company National Toll Roads (NTR). The redundancy package is high, amounting to 10 weeks pay for each year of service. The plans for barrier free tolling were drawn up after the Irish Government bought the toll bridge from the National Roads Authority in 2007.


Sources

  • 28 August 2008: The Irish Independent

Citation

Eurofound (2008), Westlink Bridge Ltd, Internal restructuring in Ireland, factsheet number 67016, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67016.