The Permanent Job Losses Thread

Kermit.de.frog

ChikiChiki wrote: »

Should be bust. Bailed out by the taxpayer and here he is laughing and swilling champagne during a Pandemic as people die at home.

**** these weasels, too soft as a nation.

That video seems to have been taken a good while back according to Twitterati

EDIT: 3 months back in fact

https://www.thecurrency.news/articles/16563/im-sorry-apology-as-3-month-old-video-of-developer-ronan-joking-about-covid-19-goes-viral

pjohnson

Ah now. You cant blame Johnny. Its de gubberment to blame.

According to some with a questionable grasp on business.

Harry Palmr

Are all large scale commercial landlords utter barstools?

Snow Garden

ShineOn7 wrote: »

That Ronan lad looks like an awful tool

NAMA saved a lot of very bad businessmen like Johnny Ronan. They effectively paid them to manage their property empire through the 2008 recession. Nama said we needed their experience for the future. Bollix we did. These shysters should have gone completely bankrupt. They never learned any lessons or changed in any way.

The_Brood

ChikiChiki wrote: »

Should be bust. Bailed out by the taxpayer and here he is laughing and swilling champagne during a Pandemic as people die at home.

**** these weasels, too soft as a nation.

Exactly. Sadly this is the fruit of Ireland's voting choices for decades. We have voted for our own misery and for other people to use their wealth to exploit others.

ChikiChiki

Kermit.de.frog wrote: »

That video seems to have been taken a good while back according to Twitterati

EDIT: 3 months back in fact

https://www.thecurrency.news/articles/16563/im-sorry-apology-as-3-month-old-video-of-developer-ronan-joking-about-covid-19-goes-viral

I realize that now but my point still stands re squeezing and iconic brand like Bewleys out of that location whilst McDonalds across the road got a 47% rent reduction.

Reading between the lines of the IT article, Ronan Group were not willing to significantly reduce rent payments at the current time for a company already teethering on the edge.

It will likely be replaced by a Nandos/KFC or something else which is utterly tragic.

Just look at the state of O'Connell street with the cheap/tacky fast food restaurants. Grafton Street and the south of the city needs to be maintained.

F**k Johnny Ronan tbh.

The Belly

ChikiChiki wrote: »

I realize that now but my point still stands re squeezing and iconic brand like Bewleys out of that location whilst McDonalds across the road got a 47% rent reduction.

Reading between the lines of the IT article, Ronan Group were not willing to significantly reduce rent payments at the current time for a company already teethering on the edge.

It will likely be replaced by a Nandos/KFC or something else which is utterly tragic.

Just look at the state of O'Connell street with the cheap/tacky fast food restaurants. Grafton Street and the south of the city needs to be maintained.

F**k Johnny Ronan tbh.

Unfortunatly its not a level playing field. If it was Johnny Ronan would not be around after the last crash.

Snow Garden

Snow Garden wrote: »

NAMA saved a lot of very bad businessmen like Johnny Ronan. They effectively paid them to manage their property empire through the 2008 recession. Nama said we needed their experience for the future. Bollix we did. These shysters should have gone completely bankrupt. They never learned any lessons or changed in any way.

To the best of my knowledge, Johnny Roman repaid NAMA

https://www.independent.ie/business/irish/johnny-ronan-to-clear-400m-nama-debt-after-deal-30354452.html

“ COLOURFUL property developer Johnny Ronan has agreed a deal which will see him become the first major borrower to exit Nama having paid off the full value of his €400m loans.

"This will be the first time a guy has paid back everything at par," according to one source close to the developer.

Given that Nama acquired the loans at a discount, it means that the taxpayer will be in profit on Ronan's borrowings on his private investment portfolio.

Ronan, the high-profile founder of Treasury Holdings, which developed some of the most iconic buildings in Dublin including the National Conference centre and the Google HQ, is close to paying off €400m worth of borrowings associated with his own private investments.”

NH2013

https://twitter.com/ingridmileyRTE/status/1262717199279628290?s=19

1,000 more permanently lost jobs to add to the ever growing list.

And with passenger numbers only expected to recover to approximately 60% of last years numbers next year 2021, can only assume many more jobs will be indirectly permanently lost in hotels , restaurants, cafes and tourist attractions etc

stephenjmcd

NH2013 wrote: »

https://twitter.com/ingridmileyRTE/status/1262717199279628290?s=19

1,000 more permanently lost jobs to add to the ever growing list.

And with passenger numbers only expected to recover to approximately 60% of last years numbers next year 2021, can only assume many more jobs will be indirectly permanently lost in hotels , restaurants, cafes and tourist attractions etc

21m passengers would see Dublin airport go back to 2014 levels. Dropped to 18m during 2010 & 2011

From RTE website:

https://www.rte.ie/news/ulster/2020/0520/1139607-monaghan-job-losses/

utyh2ikcq9z76b

Karwik wrote: »

This period is very hard for every segment of business

Not online, they are booming. The likes of Amazon/Zoom etc

ElJeffe

Karwik wrote: »

This period is very hard for every segment of business

Not really tbh. Couriers, takeaways, An Post, off licences, coffee shops etc.. all going gangbusters.

Then there the tech side of things which is crazy busy.