Dáil debates

Wednesday, 12 October 2011

3:00 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)

If the situation at Aviva goes wrong, it will mean job losses not only in Dublin but also in Cork and Galway. When one takes into account workers' families, thousands of individuals will be directly affected by these job losses. In effect, some €38 million will be taken out of the economy and the Government will have to spend an additional €20 million on social welfare supports. It is akin to the TalkTalk situation but in slow motion. The Government must take the opportunity to engage proactively with the company in order that the necessary changes can be made and these jobs retained.

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