Menu
24/06/2008
Hundreds Of Jobs To Go At Hibernian
A total of 580 people are to lose their jobs at Hibernian Insurance over the next four years.
The company currently employs 2,200 people in Dublin, Cork and Galway. The positions will be instead outsourced to Bangalore in India in order to cut costs.
One in five of the job losses will affect the company's headquarters in Dublin, which will remain Hibernian's corporate headquarters with overall responsibility for group strategy and operations.
Group Chief Executive Stuart Purdy said: "In common with all businesses in today's economic environment, it is imperative that Hibernian operates even more efficiently to provide best value and service to customers.
"As a consequence, we are reorganising our operations and have embarked on a major change programme. This will take three years to complete and will underpin our long-standing position as Ireland's leading multi-line insurance company.
"We regret the impact of this announcement on our employees and are committed to managing this change carefully, working closely with our employees and their representatives."
Hibernian workers union UNITE has however criticised the decision, saying it is unhappy with the situation and that it will be asking the Labour Court to look into the matter. The union is concerned about the large-scale transfer of sustainable jobs from Ireland to India, hoping it is not the beginning of a trend as Ireland faces its present economic turbulence.
(DW/JM)
The company currently employs 2,200 people in Dublin, Cork and Galway. The positions will be instead outsourced to Bangalore in India in order to cut costs.
One in five of the job losses will affect the company's headquarters in Dublin, which will remain Hibernian's corporate headquarters with overall responsibility for group strategy and operations.
Group Chief Executive Stuart Purdy said: "In common with all businesses in today's economic environment, it is imperative that Hibernian operates even more efficiently to provide best value and service to customers.
"As a consequence, we are reorganising our operations and have embarked on a major change programme. This will take three years to complete and will underpin our long-standing position as Ireland's leading multi-line insurance company.
"We regret the impact of this announcement on our employees and are committed to managing this change carefully, working closely with our employees and their representatives."
Hibernian workers union UNITE has however criticised the decision, saying it is unhappy with the situation and that it will be asking the Labour Court to look into the matter. The union is concerned about the large-scale transfer of sustainable jobs from Ireland to India, hoping it is not the beginning of a trend as Ireland faces its present economic turbulence.
(DW/JM)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
10 December 2012
IT Firm Creates 100 New Jobs
Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, today announced that Mandiant, a specialist provider of IT security solutions is to establish an engineering and security operations centre in Dublin with the creation of 100 new jobs.
IT Firm Creates 100 New Jobs
Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, today announced that Mandiant, a specialist provider of IT security solutions is to establish an engineering and security operations centre in Dublin with the creation of 100 new jobs.
14 January 2005
Online Retailer To Create 25 New Jobs
One of the world’s largest online retailers has announced it is to establish its European Systems & Network Operations Centre in Dublin. The new operation, which is expected to be open with the first half of 2005, will create 25 new jobs within two years, with over 70% being for third-level graduates.
Online Retailer To Create 25 New Jobs
One of the world’s largest online retailers has announced it is to establish its European Systems & Network Operations Centre in Dublin. The new operation, which is expected to be open with the first half of 2005, will create 25 new jobs within two years, with over 70% being for third-level graduates.
06 May 2009
Offshore Company Axes Jobs
Around 150 jobs in Aberdeen and Dundee have been axed after an offshore services company ceased trading. Oceanteam Power and Umbilical has been forced to close when the firm's holding company withdrew its financial support. Staff are based in Aberdeen, at workshops in Dundee and offshore.
Offshore Company Axes Jobs
Around 150 jobs in Aberdeen and Dundee have been axed after an offshore services company ceased trading. Oceanteam Power and Umbilical has been forced to close when the firm's holding company withdrew its financial support. Staff are based in Aberdeen, at workshops in Dundee and offshore.
20 December 2013
150 Technology Jobs Boost For Dublin
The Minister for Social Protection, Joan Burton T.D., has welcomed the announcement by Liberty Mutual Insurance Group of the creation of 150 new jobs in the company's Blanchardstown office. The new jobs represent an expansion of the company's IT operations, which currently employ over 350 people in Belfast.
150 Technology Jobs Boost For Dublin
The Minister for Social Protection, Joan Burton T.D., has welcomed the announcement by Liberty Mutual Insurance Group of the creation of 150 new jobs in the company's Blanchardstown office. The new jobs represent an expansion of the company's IT operations, which currently employ over 350 people in Belfast.
30 April 2009
Investment In NI Jobs Pays Off
A total of 140 new jobs are on the way for NI as two quite diverse companies - one in Belfast and one in Londonderry - go on a recruitment drive.
Investment In NI Jobs Pays Off
A total of 140 new jobs are on the way for NI as two quite diverse companies - one in Belfast and one in Londonderry - go on a recruitment drive.
-
Northern Ireland WeatherThis Evening and Tonight:Another cloudy and mild night with the odd spot of light drizzle. More widespread outbreaks of rain will spread southeast into western parts of Tyrone, Fermanagh and Derry late in the night. Minimum temperature 8 °C.
