The hiring company, Indeed, is reportedly preparing to announce redundancies to its employees, following a recent selection process, according to sources directly impacted by this move. It’s understood that some of the affected employees may approach the Workplace Relations Commission seeking assistance due to the current redundancy package.
Indeed had previously flagged their intention to terminate around 70 roles within their Dublin offices, which serve as the headquarter for Europe, Middle East and Africa (EMEA) region. Indeed maintains a workforce of more than 1,200 in Ireland.
During the initial stages of this process, approximately 170 employees were informed they could possibly lose their jobs. It is now anticipated that close to 70 individuals, who hold positions across the sales, customer service and research and development departments, are expected to receive confirmation of their departure.
Staff representatives, who are in liaison with the company on behalf of the employees, have expressed their colleagues’ concern regarding the timing of these redundancies, arguing that the start of summer could make job-hunting particularly challenging. They are also requesting improved redundancy conditions. The company has proposed to grant a minimum of 16 weeks’ salary, statutory compensatory payments, and an additional week’s wage for each year over five years’ service to the leavers.
These representatives, counselled by the Financial Services Union, are advocating for more favourable terms for employees with extended years of service. The Union, which reportedly garnered several members within the company when 220 employees were let go last year, is currently under consideration.
Last year’s wave of staff cuts were attributed to wider business financial worries, but Indeed has since surmounted the pressures of the pandemic. As of last year’s end in March, Indeed Ireland Operations Limited reported a profit of €783 million for a 15-month duration.
The most recent imminent job cuts have been attributed by Chris Hyams, CEO of Indeed, to an effort to simplify the company’s structure and eradicate duplication.
The employee delegates reportedly contended, given the firm’s present financial health, there’s room for more advantageous offers on the table. However, as of now, no signs of enhancement have been observed. The company did assert it would revise its selection procedure for potential layoffs, taking into account an individual’s willingness to volunteer for redundancy as part of a bigger process, while merit continues to be the prime consideration.
The corporate objective has been establishing a straightforward and transparent proceeding which ensures all affected staff members fully comprehend the company’s suggestions, and that all apprehensions voiced receive comprehensive consideration.
“We partook in a collective discussion with elected staff representatives selected by their peers and shall persist with positive interaction on all points brought forward. And naturally, we will fulfil all our legal obligations concerning this process.”