Golden Pages firm details need for restructuring

The publisher of the Golden Pages has told the Labour Court that it has had to undergo a restructuring due to ongoing losses.

Arising from a recommendation from the Labour Court, FCR Media Ltd is to provide enhanced redundancy terms to nine of the firm’s workforce which it is making redundant in Ireland.

This follows the Labour Court recommending that FCR Media give the employees losing their jobs an additional ex gratia payment of €800 per year of service, instead of the additional payment of €600 per year of service originally offered by the firm.