Job losses in Ireland - Megathread

Frank Bullitt

https://www.boards.ie/discussion/comment/119897917#Comment_119897917

And again, you bask in people losing their jobs. Pathetic.

https://www.irishexaminer.com/news/munster/arid-41012267.html

Shameful: "A total of 15 workers at the outlets in Douglas and Blackpool shopping centres lost their jobs overnight last weekend by text, and have been left without redundancy, back pay, overtime or holiday pay."

But do you think this will make the front page of the Irish Times like the poor Twitter "tweeps" who didn't even have to pay for food?

Mrs OBumble

https://www.boards.ie/discussion/comment/119902937#Comment_119902937

There's no basking there, just someone pointing out what is going on. What's pathetic is ignoring it.

And sure, there are lots of other jobs. Well, a good number - for now. But things are clearly slowing down and its definitely worth being aware.

ELM327

https://www.boards.ie/discussion/comment/119909365#Comment_119909365

They will get statutory redundancy, it's either funded from their employer or the state if the employer is bankrupt

Frank Bullitt

https://www.boards.ie/discussion/comment/119909464#Comment_119909464

The posters MO is to post about job losses with a snide remark to go along with it. That is gloating.

Dav010

I guess the op will reappear in a few days, different user name, same gloating.

Bargain_Hound

Our [Tech] company just announced an initial 10% global cut to its workforce (Around 7500 jobs). It's a grim day and felt right across the board. The writing was on the wall for some time, given what all companies are doing right now.

The Nal

https://www.boards.ie/discussion/comment/120065068#Comment_120065068

Salesforce then yeah?

Id say theres going to be a lot if it this year. A lot of tech companies became self important bloated monsters during the pandemic. Even more than usual.

Did have to laugh at this though - "our customers are taking a more measured approach to their purchasing decisions," co-chief executive Marc Benioff said in a letter to employees."

https://www.youtube.com/watch?v=UZ6JxAgmxXg&ab_channel=JohnBury

Frank Bullitt

https://www.boards.ie/discussion/comment/120065068#Comment_120065068

Salesforce I assume as well as the other poster. Hope you are doing ok.

Larger tech is really going to take a hit over the next year or so, it has already begun but I can see more layoffs coming in certain companies. It will be mainly the ones who hired so many during Covid, the numbers have settled back now that it is "over" and companies will now realize they over-hired.

Having said that, there is still a lot of work in tech at the minute, across the board. The bigger companies get the bigger press (Twitter, Stripe, Meta, Salesforce etc), but there are a myriad of smaller companies that are still hiring.

The Nal

https://www.boards.ie/discussion/comment/120065498#Comment_120065498

The big tech places tend to only look a quarter or two ahead so wouldnt be surprised to see them hiring again come Q4. Happens all the time.

But yeah, big tech and the pandemic. This clown for example.

Mrs OBumble

Argos closing all stores in Ireland, 580 jobs going.

https://www.rte.ie/news/business/2023/0119/1349601-argos-to-close-irish-stores/

Quin_Dub

https://www.boards.ie/discussion/comment/120129164#Comment_120129164

To be honest , I'm surprised that the Argos business model has survived this long.

A Website , a single Warehouse and next day delivery would replace all their Sales.

Tough on those impacted , but it's been coming for a long time I'd have thought.

average_runner

https://www.boards.ie/discussion/comment/120129273#Comment_120129273

Haven't been in the shop for 4-5 years!!!

VinLieger

https://www.boards.ie/discussion/comment/120129164#Comment_120129164

Not susprising id say they didn't ever recover after the pandemic, why would people return to using a decade old website when they could use Amazon? If they had modernised or incentivised their setup even a tiny bit they might have had a chance.

Even before the pandemic id only ever check Argos as a last resort to see if they might have what I was looking for cheaper.

Pete_Cavan

Ironically, I'd say it will likely be easier for Argos employees to find new work than some of those in big tech companies who have been laid off. A lot of the Argos staff will probably have something new lined up for when their store closes and have a nice payoff in their arse pocket. There are still tech jobs out there but competition is strong and you need to be able to differentiate yourself.

feelings

Argos website was shameful, like something from the 90's. Not able to quickly check stock levels in stores was crazy. It was also slow as F**K.

They had a significant advantage over the likes of Amazon, having bricks and mortar shops - where you could get similarly priced items the same day in stores. You don't get that with Amazon. The people at the top are to blame. No doubt they'll get hefty bonuses for "cutting costs".

Beasty

The Argos business model was set up in in the early 1970s as a reward scheme for fuel purchases. I'm not sure if Green Shield Stamps ever came over to Ireland, but they evolved into the retail store catalogue (as opposed to mail order which had been going for a very long time), which actually flourished up until 18-20 years ago. Despite extensive efforts they were never able to replicate this in the internet world. Indeed they bought Jungle.com which was the original UK version of Amazon, but Amazon was already big enough to ensure domination in that space.

The major issue was they stuck to 6 month catalogues and were far from nimble when it came pricing.

The UK business only survives because Sainsbury has been able to combine food retailing with the general stuff Argos sells. They simply do not have such a partner in Ireland and having seen how little activity there is in our local store it was only ever going to be a matter of when rather than if closure would happen.

JP Liz V1

https://www.boards.ie/discussion/comment/120129164#Comment_120129164

I'll miss it, used click and collect

Hotblack Desiato

https://brandnewretro.ie/2015/07/28/green-shield-stamps-in-ireland-1960s70s/

I remember one time there must have been thousands of stamps to go into the books and us kids were roped in, nearly vomited from licking the things

Quin_Dub

https://www.boards.ie/discussion/comment/120133250#Comment_120133250

But again all these cuts are coming from Companies that added massively to their headcount over the last 2-3 years.

Most of that "extra" headcount will have been added in the US and India and that is where most of the reductions will happen.

I'm sure that there will be some reduction in Ireland , but doubt it will be the full 6%.

For example , the indications are that Microsoft will be cutting less than 100 staff in Ireland , which is well below the actual percentage rate cuts they are doing globally.

tinytobe

Just wondering is Microsoft Ireland in Sandyford having any layoffs?

A couple of years ago they invested into a new office in Sandyford.

xxxxxxl

https://www.boards.ie/discussion/comment/120154972#Comment_120154972

Not sure they may Do a haircut but it's their Head office for EMEA like most MNC here. IIRC not to many went in the crash. Same with the likes of Dell.inc they only got rid of the manufacturing portion and moved Bray to Is it Cherrywood. And that was years ago.

Thespoofer

Construction firm BAM laying off a number of long term employees in the Cork region, working drying up for them there...

xxxxxxl

https://www.boards.ie/discussion/comment/120157637#Comment_120157637

Code for were hiring contractors.

lisasimpson

Anyone in construction would want to be v vary of going the contractor route with BAM. Heard some terrible stories about how they treated contractors during the crash

xxxxxxl

https://www.boards.ie/discussion/comment/120159223#Comment_120159223

That's my point cost savings.

Hotblack Desiato

https://www.boards.ie/discussion/comment/120157088#Comment_120157088

There was much hullabaloo when Dell moved assembly out of Ireland, but they employ more people here now than they did then and at a higher average wage.

Thespoofer

https://www.boards.ie/discussion/comment/120157667#Comment_120157667

No, not contractors, long term employees.

tinytobe

Microsoft Dublin in Leopardstown seem to be laying off. Only a couple of years ago they've invested in a nice new office.

kirk.

Centra expanding the portfolio, hard to believe they've 500 stores

Doughnuts soft drink and deli sales have increased