Minister O’Keeffe outlines Government response to Quinn Insurance redundancies

 

The Department of Enterprise, Trade and Innovation released the following statement:

 

The Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD, today

[April 30] announced the Government’s response to the voluntary redundancies announced by the administrators in Quinn Insurance.

 

Minister O’Keeffe described the announcement as ‘devastating for the workers and their families’, adding that ‘our thoughts are with them’.

 

Minister O’Keeffe said: ‘As a Government, we will do all in our power to help those individuals who lose their jobs to find new ones.

 

‘As Minister for Enterprise, Trade and Innovation, I am focused on rebuilding confidence, attracting fresh investment and preparing those out of work to get back into the labour force as quickly as possible.

 

‘I am acutely aware that the scale of these job losses carries a deeply human toll as well as an economic price locally and nationally.

 

‘I want to make it clear to the communities affected that the Government wants to see Quinn Insurance continue as a viable and sustainable insurance business for the sake of its policyholders, employees and competition in the insurance industry here.

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