Airport authority to shed 150 workers in redundancy deal
DUBLIN Airport Authority last night confirmed that it is seeking 150 voluntary redundancies.
Areas being restructured include retail and passenger services at Dublin Airport's Terminal One and the asset management and development section.
This comes just a day after the Government announced plans to cut Shannon Airport from the DAA. Shannon's €100m debt will stay with the DAA, which includes Dublin and Cork airports, but sources claimed the two issues were unconnected.
The closing fate for applications for the redundancy offer is June 22. It is understood that if funds are available, applications from staff in other areas may be considered.
A DAA statement said its 2010 "cost recovery programme" helped stabilise its financial position. But the external economic environment had not improved and it was necessary to take further steps.
Human resources director Damian Lenagh said future severance or retirement schemes were unlikely to be as financially beneficial as the latest one.
Meanwhile, Transport Minister Leo Varadkar said there would be no compulsory redundancies from the 356 employees at the newly independent Shannon Airport and at Shannon Development.
Shannon is haemorrhaging losses of €8m annually.
Meanwhile, insurance giant Aviva yesterday agreed a redundancy deal for up to 690 workers, including 150 who have already left, across its Irish and European operations.
Staff will pocket six weeks' salary per year of service, with a maximum payment of two-and-a-half years' salary -- leaving some with pay-offs of more than €200,000. Laid-off workers will also get €8,000 worth of retraining.
Aviva will create 220 jobs at two new Galway-based "centres of excellence" that will provide claims and direct sales services to Aviva Ireland and the UK.