Credit facility to golf club withdrawn
The club, in talks with staff over redundancies, told the Labour Court the credit facilities were ceased and withdrawn in November. The court’s report on the hearing quotes the employer as saying the facilities “will not be restored”.
Heavy trading losses over the last five years prompted the club to hire consultants Deloitte to review its organisation and management structure in August. It also opened negotiations with staff seeking pay cuts, the elimination of bonuses, and the implementation of a redundancy programme.
