Number of notified redundancies triples in two years

THE number of notified redundancies tripled between 2007 and 2009 – but employers on the whole are resisting the urge to reduce redundancy payments in the current climate.

Number of notified redundancies triples in two years

There were 77,001 redundancies in 2009 compared with 25,459 in 2007. In fact, according to Industrial Relations News (IRN), the 2009 total was greater than in the three years from 2005-2007.

IRN has published a sample list of 148 redundancy settlements, including 59 Labour Court cases, which occurred in 2009.

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