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.
Telecommunications company, UPC, is to make 170 employees redundant across Ireland, due to realignment of its operations.
The areas affected are customer care, sales and field operations. It is assumed that most of the 170 jobs to be made redundant will be in Limerick.
UPC, which bought out Chorus and NTL - merging the two companies - is relocating some of its work to the Philippines. It says it needs to make the adjustments to its operation in Ireland so that the company can remain agile.
SIPTU and Unite, which represent UPC employees, are engaging with the company during the 30-day consultation period. Severance terms have not yet been finalised. It is hoped that the job reduction measure will be facilitated on a voluntary basis, without the need for compulsory redundancies.
Eurofound (2015), UPC, Outsourcing in Ireland, factsheet number 78601, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/78601.
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