A quote from today's Irish Times headline news story "Upgrading electricity network cost 150 million in overruns":
"The reports say ESBN [ESB Networks] has funded severance costs of 135 million from its own resources.As a result,staff numbers dropped 287..."
Unless I'm missing something,this is an average redundancy of 470,000,a vast sum given that it is for average employees,not top layers of management.
Will this set an extravagant, gold plated precedent for the HSE and other public sector redundancies? With Mary Harney and former HSE CEO Brendan Drumm admitting that thousands of HSE managers should be made redundant,will the cost also be around half a million or more? If so,the total redundancy cure in billions could be worse than the disease of overstaffing.
Maybe the government should look into contracting out their services instead to the private sector,just like Premiership football clubs loaning out players. Would the private sector be interested in their services?