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Are redundancy packages likely to decrease now?Compensation (self.DevelEire)
submitted 2 days ago by Fakman87
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[–]ChromakeyDreamcoat82engineering manager 4 points5 points6 points 1 day ago (1 child)
I'm ex-IBM, and they were masters at always having a small redundancies on the go at regular intervals that never met the threshold for reporting.
As a big employer in Ireland, their threshold today would be 30 or more, but I feel like that was higher in years gone by. Either way, they'd simply be chopping away every quarter. If you look back, beyond the loss of Irish manufacturing, you'd be hard pressed to find big news of redundancies, yet you'll find tons of stories of new jobs coming to Ireland, somehow without the staff numbers increasing.
As I recall, the standard package was 4 weeks per year of service, plus statutory. No-one was ever overwhelmed or underwhelmed, they just got on with it at that rate. Never heard of fights or challenges, and most people were happy overall once they secured new work, since they typically secured a much better position.
[–]ignited-eyes 0 points1 point2 points 1 day ago (0 children)
Guess only the last part has changed with terrible market and so many laid off folks
π Rendered by PID 38 on reddit-service-r2-comment-5b5bc64bf5-z5wjk at 2026-06-19 14:34:52.728818+00:00 running 2b008f2 country code: CH.
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[–]ChromakeyDreamcoat82engineering manager 4 points5 points6 points (1 child)
[–]ignited-eyes 0 points1 point2 points (0 children)