IE
Ireland bears the brunt of Quinn job cuts
29 April 2010
The Republic is set to bear the brunt of the 800 job cuts revealed today by Quinn Insurance, despite the fact that lower levels of business from the UK are to blame for the downsizing.
The Irish administrator told Quinn to stop writing new business in the UK, because it was making a loss. Later, it was allowed to partially re-enter the UK market, but administrators have determined that job cuts are still necessary.
The UK business is run out of offices in Dublin, Cavan, Cork and Navan, which are likely to feel the impact of the redundancy programme. Jobs will also be lost at Quinn's Manchester and Enniskillen offices.
The administrators now running the company hope that the redundancies will be voluntary and gradual.
"There's a lot of worry, disillusionment, dejection - it's going to have a massive impact and it's not something we'll be accepting easily," said Quinn workers' spokeswoman Mona Bermingham.
