The Communications Workers' Union has warned that the future of An Post is"gravely uncertain" without Government investment to protect and maintain vital services.
"With at least €100 million needed to cover the Covid-related losses of the last two years, the financial sustainability of the company will be difficult without commitment from its Government shareholder," Mr McDonagh said. Over 300 delegates are attending the CWU conference addressing motions across multiple companies represented by the union including An Post, Eir, Vodafone and UPS.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Revenue boss Cody gets three-year extension in his post | Business PostHe isn’t quite hitting the same longevity levels as his brother Brian has in hurling management with Kilkenny, but Niall Cody, chairman of the Revenue Commissioners, has been given a three-year extension to his role, obraonain reports.
Source: businessposthq - 🏆 8. / 71 Read more »
Watt says cancellation of Holohan’s TCD post a ‘matter of regret’ | Business PostRobert Watt will tomorrow appear in front of the Oireachtas health committee to tell members that it is a “matter of regret” to him that the appointment of Tony Holohan to a professorship in Trinity has not gone ahead. donalmacnamee97 reports.
Source: businessposthq - 🏆 8. / 71 Read more »
Zoan develops 3D-printed human bone grafts from locally grown coral | Business PostCompany to collaborate with Swedish company Cellink on groundbreaking new project using coral grown in Connemara, ChasTaylor reports.
Source: businessposthq - 🏆 8. / 71 Read more »
China’s Covid lockdowns could cause ‘more trouble for Irish firms’ | Business PostBank of Ireland expert Conor Magee says increasing pressure from China’s lockdowns and the war in Ukraine is forcing Irish firms to change supply chains, ellied798 reports.
Source: businessposthq - 🏆 8. / 71 Read more »
Smurfit’s troubled gambling software firm to up its game with $30m debt deal | Business PostLas Vegas-based GAN hopes to pursue $5 million share repurchase and to implement strategic initiatives to halt share price decline, whytebarry reports.
Source: businessposthq - 🏆 8. / 71 Read more »
Out of Office: PTSB’s banking boost; Russia mocks up Irish destruction in nuclear clip | Business PostOut of Office: PTSB’s banking boost; Russia mocks up Irish destruction in nuclear clip - your essential round-up of the latest business news, compiled by donalmacnamee97.
Source: businessposthq - 🏆 8. / 71 Read more »