Friday, December 21, 2007

Another Jobs Blow For Shannon

65 jobs are to go in Shannon when financial information company Thomson Financial closes its offices there at the end of next February, writes June Aherne.

40 people are to be made redundant, and another 25 will transfer to Thomson Financial in Britain. Company spokesperson Alex Brog told the Electric News online technology website the decision was the result of "a group-wide consolidation of content operations production processes. This was part of a long-term Thomson Financial strategy to optimise systems, processes and infrastructure across the entire organisation."

In a statement, the company said that a definitive date for the redundancies to take place has not been set at this time and employees have been notified that the programme will be implemented in stages. It added that six of the affected staff may be given the opportunity to work from home.

Thomson Financial is a subsidiary of Thomson Corporation, one of the world's largest information companies which employs 32,000 people worldwide.