Oireachtas Joint and Select Committees

Wednesday, 31 May 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Plan of Action on Collective Redundancies following Insolvency Bill 2023: Discussion

Photo of David StantonDavid Stanton (Cork East, Fine Gael) | Oireachtas source

Thanks. In situations where a company is changing but not necessarily entering insolvency, and redundancies come in on a staggered basis in small numbers, how is the 30-day period calculated? Where does it start? Is it when the redundancies reach a certain threshold of numbers? I ask our guests to explain that. Could companies let people go over a period of time and avoid some of the penalties here and some of the implications of the legislation?

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