Location of affected unit(s)
Dublin, Cork, Galway
Administrative Services
Security And Investigation Activities
Security Systems Service Activities
80.2 - Security systems service activities

201 jobs
Number of planned job losses
Job loss
Announcement Date
22 March 2016
Employment effect (start)
22 March 2016
Foreseen end date
31 July 2016


Cash-in-transit company, Brinks, is to cease its operation in Ireland, with the loss of 201 jobs.

The decision to stop operating in Ireland, due to unprofitability, comes just weeks after a restructuring agreement was secured with the SIPTU union. 

An approach by outgoing Minister for Employment, Ged Nash, for the company to reconsider its decision does not appear fruitful as of the beginning of March.

Brinks is to negotiate severance terms with the SIPTU union, with the possibility of finding work in related companies the top priority.


  • 22 February 2016: The Irish Times
  • 22 February 2016: Irish Independent
  • 25 February 2016: Industrial relations news
  • 22 February 2016: Company press release


Eurofound (2016), Brinks Ireland, Closure in Ireland, factsheet number 86632, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86632.