Careers and Jobs

Irish companies want the Government to cut public sector wage bill by up to 5pc. The current wage bill for the sector is EUR17bn. If this move materialised it would result in up to 10,000 job losses. IBEC reckons the move is essential to help the economy in Ireland and curb the EUR10bn budget deficit.

Do you think such measures are needed?

Do you think IBEC is right to promote such drastic measures?

One could argue that all businesses are trying to cope with terrible market conditions and being forced to reduce spending and cut workforce so why should the public sector be any different. But will another 10,000 unemployed really be the answer. Certainly a difficult one.

For all the latest careers and jobs news in Ireland. Careersandjobs offering Irish Jobs News, advice on HR services such as Recruitment, Outplacement Consultants, Psychometric Testing. Also offering CV, Interview and careers advice.

Online auction site eBay has announced that it will cut about 1,000 jobs globally which represents 10 percent of its global workforce. On a positive note a spokesman for the company indicated that the impact on Irish employees would be minimal and estimated that only about 10 people in total would be directly affected. Ebay is established in Ireland since 2003 and employs 1,600 staff in Ireland at offices in Blanchardstown. Staff were informed by email and then by management about the developments

Sorry folks but it is still general bad news on the jobs and careers front. Unemployment reached an 11 year high in September with figures nearly at the 250,000 mark. Judging by the general feedback it could be a winter of discontent. Property crash, stock market turmoil and credit crisis.

I was interested to read that Ballina, Tralee and Dundalk were three of the worst unemployment blackspots as I have been doing some work in all three locations over the summer. All seems to be sunny in Leixlip and Malahide though as unemployment is at 4%.

Let’s try and end this article with a positive note – Cook Ireland has announce that it will be creating 200 new jobs in Limerick over the newxt 5 years. This is part of a EUR25M investment. Lets hope for a few more of these announcements over the remainder of the week.

Careers & Jobs with all the latest jobs news in Ireland and excellent career, cv and interview advice. Careers & Jobs for career information in Antrim, Armagh, Carlow, Cavan, Clare, Cork, Derry, Donegal, Down, Dublin, Fermanagh, Galway, Kerry, Kildare, Kilkenny, Laois, Leitrim, Limerick, Longford, Louth, Mayo, Meath, Monaghan, Offaly, Roscommon, Sligo, Tipperary, Tyrone, Waterford, Westmeath, Wexford, Wicklow

Tyco Sensormatic

Cork received another jobs hammer blow last week with the announcement that US electronics firm Tyco Sensormatic will be transferring 320 jobs from Ireland. The announcement was broken at a meeting last Thursday.

The Bishopstown plant produces electronic anti-theft tags used in retail. The company has seen the employee headcount shrink since 2005 when it employed just short of 500 staff.

Swissco

Other job loss in the region came with the announcement that Swissco was planning to close its operations with the loss of 150 jobs.

Cork Job Loss & Unemployment

Cork has suffered with the downturn in the economy as much as most other regions in Ireland with the number of people on the Live Register increasing by more than 4,000 between March 2007 and March 2008, a jump of 28.8%.

Careers & Jobs with all the latest jobs news in Ireland and excellent career, cv and interview advice. Careers & Jobs for career information in Antrim, Armagh, Carlow, Cavan, Clare, Cork, Derry, Donegal, Down, Dublin, Fermanagh, Galway, Kerry, Kildare, Kilkenny, Laois, Leitrim, Limerick, Longford, Louth, Mayo, Meath, Monaghan, Offaly, Roscommon, Sligo, Tipperary, Tyrone, Waterford, Westmeath, Wexford, Wicklow

The papers have been focusing on global financial jobs loss over the last few days with thousands more jobs lost as a result of financial sector meltdown. Back home there was also more negative job news

Hewlett Packard announced that it wants to cut 24,000 jobs globally which has increased uncertainty with its 4,000 employees in Ireland. HP employs 4,000 staff in Belfast, Dublin, Galway and Leixlip. The global job cuts will represent a 7.5% of its 178,000 global workforce. It is expected that most of these job cuts will come from EDS a recent acquisition. EDS employs 400 staff in Dublin.

250 jobs will go in Waterford with the news that buy-out talks for poultry firm Cappoquin have collapsed. This is a huge blow for the poultry industry in Ireland with the direct job loss and indirect impact on 50 producers for the firm in Munster.

Finally Tourmakeady in Co. Mayo had some bad jobs news when local firm Caideil MP Teoranta announced that it would be closing with the loss of 32 jobs.

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Cork and Tullamore suffered sever job loss today with a double announcement. In Tullamore Boston Scientific announced that it will be closing operations with approximately 250 job losses. This is a serious blow to the midlands egion which has had its fair share of poor jobs news recently. What will be more worrying though is the fact that these jobs were in Medical Device Sector. Meanwhile in Cork there were more construction job losses with the closure of Howley Civil Engineering. This unfortunate news will see similar job loss figures.

2008 Update – 132 people losing job on a daily basis

20,392 employees have been made redundant over the fist seven moths of 2008. This equates to a 36% increase on the same period last year. DETE figures released do not make happy reading for the government or workers in Ireland. More worrying was the fact that 3,914 of the redundancies came in July which is further proof that the job market is in freefall.

What surprised me was the breakdown of these figures. Much spin has been put on the fact that the construction sector has created most redundancies but 6,531 females have been laid of which was higher than I expected. 13,861 men were affected by redundancy.

So where are the redundancy black-spots?

It is no surprise that Dublin has suffered the greatest with 7,500 of the redundancies falling in this region. This was followed by Cork with 1,853 redundancies and in excess of 1,000 in Galway and Limerick. Other counties with significant redundancies included Louth with 698, Waterford with 844 and Kildare with 940. Further north Monaghan has suffer 403 redundancies so far this year.

There was bad news for the job market and the motor trade with news that 38 jobs will go at Maxwell Motors. Maxwell Motors specialises in luxury car sales and have decided not to renew their BMW franchise. The decision was based on a rethink of a business model but my guess is that when things get tight “luxury” is the first thing to go. I guess people are settling for a car that gets them from a to b and will sacrifice luxury until the economic dust settles. This news follows news that another luxury car dealership has gone out of business – Orwell Motors. This is further indication that we are tightening the belts.

It looks like there is more bad news for the Insurance Sector with the announcement that Axa will shed 120 jobs at its Dublin offices. This news follows a previous announcement by Hibernian that they will shed 580 jobs moving them to Bangalore in India. We brought you rumours of this Hibernian announcement a few months back.

Axa plans to shed the 120 jobs through voluntary redundancy and there may be plenty of takers as they also plan to restructure pay scales. Basically those left in the company may have to take a pay reduction. This scenario is not uncommon in this climate as a leading Estate Agent in Ireland reported the same move recently to fight of the possibility of redundancies.

Axa has seen its turnover drop drastically over the last number of years so this latest news does not surprise many commentators. Having said this for those affected the news is always hard to take.

It also looks like Northern Ireland is not safe from the current economic conditions. Toughglass in Co Down has announced 60 compulsory redundancies.

If you have been affected by redundancy – a career coach, interview coach or CV service could help you navigate these difficult times.

Shannon and Dublin based Avocent International Ltd has announced that it will be cutting its Irish workforce by 64 as a result of restructuring. The IT company currently employs 167 staff in Ireland so staff numbers will drop to 103. The company specialises in IT infrastructure management and employs 1800 staff globally with clients including Boeing, Intel & Microsoft. Although 200 jobs will be lost globally Shannon will be the hardest hit.

These jobs will be lost to singapore with costs being cited as the main driver for the move. This latest news is another hammer blow to the region.

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