Restructuring events
European Restructuring Monitor (ERM)
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.
The 200 or so redundancies at retail group Roches Stores are a result of the closure of 3 of the company's grocery stores in Limerick, Blanchardstown, and Henry Street, Dublin. About 80 jobs will go in 2 grocery stores in Limerick and Blanchardstown (west Dublin) respectively, and a further 40 or 50 in the grocery store in Henry Street (central Dublin). The majority of the workers are represented by the retail and bar union, MANDATE, and a handful of SIPTU members are affected.
The terms agreed are 6 weeks pay per year of service for the first 8 years of service (inclusive of 2 weeks ppys statutory entitlement), and 5 weeks ppys for service in excess of 8 years (inclusive of SE).
There was a possibility of some re-location opportunities in the non-food area of the company's operations, but it is understood that few people chose to take up this option.
Eurofound (2004), Roches Stores, Internal restructuring in Ireland, factsheet number 60339, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60339.
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