425 jobs to go at Liberty Mutual Insurance

Headquarters of Liberty Insurance, formerly Quinn Insurance in Cavan Town.
A total of 425 jobs will go at Liberty Mutual Insurance Ireland this month, almost a third of their 1,450 strong workforce and almost 50% more than they first announced last year.

A total of 425 jobs will go at Liberty Mutual Insurance Ireland this month, almost a third of their 1,450 strong workforce and almost 50% more than they first announced last year.

Back in November, 2012 the company said it was looking for 285 redundancies and hoped the vast majority of those would be voluntary.

But this month some 110 jobs will go from company headquarters in Cavan, 115 in Enniskillen, Co Fermanagh, and 200 at Blanchardstown in Dublin.

A Liberty spokesman said there was more demand than anticipated for the programme from staff and the company decided to facilitate the request of some additional employees to leave.

In total 380 employees took up the offer of voluntary redundancy and an additional 45 compulsory redundancies were implemented because of the need to align management roles and also frontline and support levels across the company, according to the group. It is expected that the majority of these workers will leave before the end of this month.