The Labour Court recommended that FCR Media / Golden Pages increase its additional severance offer to employees made redundant from €600 to €800 per year of service. It recommended that the Services Industrial Professional Technical Union accept the payment in full and final settlement. The dispute concerned redundancy terms. The union cited employees’ long service, enhanced terms in earlier redundancy programmes and savings the company would make. FCR Media / Golden Pages said restructuring was needed because of ongoing losses and liabilities that prevented it obtaining additional finance. The recommendation was signed on 11 August 2016. The Court noted the employees’ service and involuntary job losses, alongside the company’s stated financial difficulties and projected trading position.
Labour Court recommends €800 per year of service for FCR Media / Golden Pages redundancies
Historic decision · Decision date:
Place: no local area assigned from the source.