American food delivery giant DoorDash has announced plans to acquire London-listed rival Deliveroo in a major industry consolidation worth approximately €3.4 billion, creating a global powerhouse in the food delivery sector. The all-cash transaction, which values Deliveroo shares at 180p each, will forge a combined entity with operations across 40 countries and an annual order … Read more
Kitchen helpers, shop sales assistants, and bartenders are the most common minimum wage jobs in Ireland, according to new research by the Economic and Social Research Institute (ESRI). Funded by the Low Pay Commission, the study analysed online job vacancy data and found that minimum wage roles made up about 7 per cent of all … Read more
New data from the Central Statistics Office (CSO) reveals that over 90% of apprentices who qualified in 2020 were employed two years later, earning a median weekly wage of €935. The study, which marks the CSO’s first dedicated analysis of apprenticeship outcomes, shows significant improvement since the economic recession. The percentage of qualified apprentices neither … Read more
Intel is reportedly preparing to announce plans this week to reduce its workforce by more than 20%, according to a Bloomberg News report citing a person familiar with the matter. This significant staff reduction aims to eliminate bureaucracy and help rebuild an engineering-focused culture at the struggling chipmaker. The impending cuts follow last year’s efforts … Read more
Seven food businesses were slapped with closure orders last month due to inadequate hygiene practices, according to the Food Safety Authority of Ireland (FSAI). An Eddie Rockets outlet in Point Village, Dublin 1, was served with a closure order under EU regulations due to rodent activity and “significant deficits” in food safety standards. Inspectors reported … Read more
Irish businesses are already experiencing order cancellations and job threats following the implementation of US tariffs on European Union goods, Taoiseach Micheál Martin told the Dáil on Wednesday. The tariffs, announced by US President Donald Trump last week, have triggered days of market uncertainty and are now having tangible effects on Irish exporters. “We are … Read more
Finance Minister Paschal Donohoe has warned that tens of thousands of jobs in Ireland could be at risk if the United States implements trade tariffs in early April. In a worst-case scenario, he stated that between 50,000 and 80,000 jobs that would have been created or sustained in the economy may be lost in the … Read more
Thunders Bakery, a well-known and beloved Dublin-based chain, has announced it will be closing all its stores after 56 years of serving the community. The bakery, which first opened its doors in Drumcondra in 1969, has cited recent financial difficulties as the reason behind the decision to cease operations. Management stated that keeping the business … Read more
TikTok is set to lay off up to 300 workers, or 10 per cent of its workforce, at its Dublin base, which employs 3,000 people, Irish Independent reported. The Irish government has been notified of the decision, with redundancies expected to take place in April, according to Minister for Enterprise, Tourism and Employment, Peter Burke. … Read more
Unemployment rate fell to 3.9 per cent in February, down from 4 per cent a month ago, according to latest figures from the Central Statistics Office (CSO). On an annual basis, the unemployment rate has decreased from a revised 4.2 per cent in February 2024. The data shows that the jobless rate for men stood … Read more
Bank of Ireland Group is expected to reduce its workforce in the coming years as part of its strategy to simplify operations and enhance efficiency through digital transformation. Chief Executive Myles O’Grady told Bloomberg Television that the bank aims to become leaner by leveraging technology, a move driven by rising competition from digital banks like … Read more
Irish-based staff at video-sharing platform TikTok have been informed that they will be affected by job cuts. The exact number of layoffs remains unclear. The company currently employs nearly 3,000 people in Ireland. The Department of Enterprise has not received a collective redundancy notification from TikTok, which would be required for job cuts of 30 … Read more
The unemployment rate in Ireland fell to 4% in January, down from a revised 4.5 per cent in December 2024, according to new figures from the Central Statistics Office (CSO). The data shows that the monthly unemployment rate for men declined to 4 per cent in January, compared to a revised 4.9 per cent in … Read more
The Irish national police force, An Garda Síochána, has kicked off its latest recruitment campaign, offering ambitious individuals the opportunity to join their ranks as Garda trainees. The announcement comes with a tight three-week application window, signaling the organization’s urgency in strengthening its workforce. The recruitment drive is backed by a substantial €375,000 promotional campaign, … Read more
Global financial services firm BNY Mellon announced today it will close its Wexford office, affecting 310 employees, as part of the company’s real estate review. Only a small number of staff will be offered remote working opportunities, while others face potential relocation or redundancy. The closure marks a significant blow to Wexford, a town of … Read more