'Sunday Business Post' executives are criticised over latest lay-offs
MANAGEMENT at the 'Sunday Business Post' have been strongly criticised by a trade union after a long-time employee was made redundant by the firm.
In a statement, SIPTU condemned executives at the 'Post' over the treatment of staff there, which allegedly includes compulsory redundancies without negotiation, among other measures.
According to SIPTU, two employees have been let go without negotiation in recent days, including one who had been with the business for 23 years.
"He was called in last week from annual leave to receive one month's notice that he was to lose his job and receive a minimum statutory redundancy payment," a union spokesman claimed.
The employees are believed to have been part of the sales staff rather than members of editorial.
The union spokesman criticised the newspaper's management for allegedly refusing to "recognise the constructive role trade unions have played in maintaining the company as a going concern".
The 'Post' collapsed into examinership earlier this year but was rescued by a conglomerate led by former 'Irish Daily Star' chief executive Paul Cooke, and backed by Dublin investment house Key Capital. Mr Cooke could not be reached for comment.