Waterford Crystal workers drop profits claim

WATERFORD Crystal workers have dropped their claim against the company for a share of the profits from land sold by the company.

A number of staff attached to the sports and social club at Waterford Crystal’s Cork Road factory in Waterford City lodged the claim and engaged a company of solicitors to pursue their case.

Their claim was based on the fact they’d paid €1.27 from their wages each week towards the sports and social club, in some cases for up to 30 years. The land was rezoned several months ago by Waterford City Council and, in the past fortnight, it was sold for €32.9 million to Newry-based property developer Gerard O’Hare.