Thursday 8 December 2016

More than 200 apply for RTE's redundancy plan

Published 17/09/2011 | 05:00

AN RTE voluntary redundancy and early retirement package aimed at shedding at least 70 jobs and saving €5m a year received a large number of last-minute applications yesterday.

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More than 200 expressions of interest were received, but RTE sources described it as "a work in progress".

In June, RTE said the job cuts were essential in light of the €30m deficit facing the station this year. While the package will cost an estimated €10m, the station believes it will recover the cost within two years and will save €5m a year in the longer term.

Under the offer, staff are allowed claim six weeks per year of service up to a maximum of 130 weeks.

Staff over the age of 55 who wish to avail of early retirement will receive an ex-gratia lump sum of up to €60,000, depending on age.

Among the big names who have hinted that they may apply scheme are 'Nine News' anchor woman Anne Doyle.

Those who applied should have an answer by mid-October.

Irish Independent

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