Following lengthy negotiations members of the five trade unions at ESB, the main Irish energy company, have agreed a major cost savings plan. The unions managed to protect basic pay and pensions and to avoid compulsory redundancies. However, the cuts will involve some reductions to allowances while 700 jobs will go through voluntary redundancy. A further 300 jobs will go through natural attrition.
Read more at > SIPTU (EN)
Energy unions negotiate cost savings plan
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