Bernard Durkan (Kildare North, Fine Gael)
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270. To ask the Minister for Finance if venture capital investors are encouraged to recognise the need to accommodate the workforce in situations where acquisition of enterprises involves employees (details supplied); if provision will be made to ensure recognition of such principles in the future; and if he will make a statement on the matter. [25129/15]

Michael Noonan (Limerick City, Fine Gael)
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Labour and skills contribute significantly to the competitiveness of firms in Ireland and are a primary driver of productivity and long-term competitiveness. As a result, employers are best placed to decide on the appropriate skills needs of each individual firm.

On the specifics of employers obligations, the Department of Jobs, Enterprise and Innovation has responsibility for labour relations and employment legislation and is best placed to comment on the specific relationships between employers and the workforce.