Arnotts has announced that it is making 600 retail staff redundant in Dublin. This eqates to two thirds of its existing workforce and bigger number than the expected 400. Although Arnotts will employ approx 1200 staff when it has revamped its premises in 3 years time BUT this is a huge blow for the staff and the retail sector. The redundancy and the package are currently being ironed out.
It will be interesting if Arnotts will provide outplacement redundancy support to the staff as they will be entering a tough employment market. I noted in the reports that quite a few of the employees affected have been employer with Arnotts for quite some time so these supports would be very beneficial.
Tags: Arnotts, Boyers, Henry Street, Job loss, Outplacement Services, Redundancy, Retail Jobs, Retail Sector