Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
State broadcaster RTÉ (Raidió Teilifís Éireann) is to reduce its workforce by between 200 and 250 over the next two years. This reduction will be achieved through voluntary redundancies. The broadcaster's group of unions may seek terms similar to the most recent severance package of six weeks' pay per year of service. This could mean a total redundancy cost of around €20 million for RTÉ. The new director general of RTÉ, Dee Forbes, says she wants to make the broadcaster a “smaller, more nimble organisation”. Though the organisation has carried out voluntary redundancies in recent years, its workforce has expanded since 2014. RTÉ is selling some of its property in Dublin 4, with the aim of pumping the sale money into upgrading infrastructure and other capital projects.
Eurofound (2017), RTÉ, Internal restructuring in Ireland, factsheet number 90564, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90564.