Staff are left in the dark over future
WORRIED Quinn Insurance workers said they had been told little yesterday by company management after hearing news of the company being put in administration.
The company itself claimed all positions are under threat because of what it called the Financial Regulator's "highly aggressive" decision to move on the firm in the High Court.
Around 600 people work at Quinn's HQ in Cavan town while another 1,800 work at sites in: Navan, Co Meath; Blanchardstown, Dublin 15; and Manchester in England.
Workers at the Quinn Insurance headquarters in Cavan remained tight-lipped over the appointment of a joint provisional liquidator.
As workers left the company offices on the Dublin Road most declined to comment.
There was no sign of the company head Sean Quinn at his home near Ballyconnell. The gates to the palatial home were locked and there was no answer on the intercom. At the Blanchardstown business park yesterday, worried workers were reluctant to talk as they left their offices just after 5.30pm.
Most employees spoken to by the Irish Independent said the firm had not told them anything. "Our jobs are on the line as it is," shouted a woman as she left the complex.
Another man said: "They haven't told us much yet." He added it was "in the back of my mind" about losing his job.
"We'll have to play it by ear."
Fine Gael senator Joe O'Reilly called for assurances to be given to the workers in the Cavan/Monaghan area.
"This will be a cause of anxiety for the hundreds of people who work with the group. These people must be reassured as to the security of their jobs down the line. Times have never been tougher."