
Primark confirms around 100 jobs to be cut at Irish headquarters
Primark is to cut around 150 jobs in Ireland, the UK and the US, the company has confirmed.
Around 100 redundancies will be at its international headquarters in Dublin.
It means around 7 per cent of the company's 1,500 staff in the Irish capital will be impacted.
The planned 150 job cuts are in people and culture, finance and procurement.
The move is connected to a decision to outsource some of its support activities to a third party. It is understood the third party is Accenture in Mumbai.
As is required by law, the Minister for Enterprise Peter Burke and Alan Dillon, Minister of State for Small Business and Retail, have been notified of the company's collective redundancy plan.
A Primark spokesperson said: 'As we continue to grow internationally, we need to evolve our operating model to best support this ambition.
'We're exploring how resourcing via external partners could help support our operations so that we can focus our own resources on what we do best.
The Irish Mirror's Crime Writers Michael O'Toole and Paul Healy are writing a new weekly newsletter called Crime Ireland. Click here to sign up and get it delivered to your inbox every week
'As part of this, we are now proposing that a number of support function activities move to a third party and we are beginning a collective consultation.
'This unfortunately will impact a number of Primark colleagues primarily in our head office operations.
'While this is all about setting us up for future success and continuing to offer great products at great prices to our customers, these are not decisions we take lightly.
'We understand how difficult this news is for those colleagues affected and we'll be working to support them as best we can.'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Irish Independent
2 hours ago
- Irish Independent
HR software giant Deel admits it instructed ‘discreet' surveillance be carried out on Irish payroll manager
One of the companies in the international HR firms' "spy" dispute instructed that "discreet" surveillance be carried out on the Irish payroll compliance manager at the centre of High Court proceedings over the affair, a judge was told on Wednesday. US headquartered Deel Inc, which allegedly recruited Dublin man Keith O'Brien to pass on trade secrets to it from his employer Rippling, also headquartered in the US, did not instruct that there be covert or intimidatory surveillance on Mr O'Brien, Mr Justice Brian Cregan was told.


Irish Independent
2 hours ago
- Irish Independent
Revenues at cystic fibrosis drugmaker Vertex hit $2.63bn on back of Kaftrio sales
New accounts show that revenues at Vertex Pharmaceuticals (Ireland) Ltd last year increased by 13pc from $2.31bn to $2.63bn. The Dublin-registered company fulfils all EU-wide sales, and the firm now sells a range of CF drugs that includes Kalydeco and Orkambi across the EU. Vertex has five approved CF medicines that treat nearly three-quarters of the approximately 94,000 people suffering from CF in the US, Europe, Australia and Canada. Pre-tax profits at the company rose by 27pc to $17.6m Against the background of the sharp increase in revenues at the Dublin arm, pre-tax profits at the company rose by 27pc to $17.6m. The company's operating profits increased by 14pc to $10.16m and interest income of $7.4m resulted in the pre-tax profit of $17.6m. The company recorded post-tax profits of $13.2m after incurring a corporation tax charge of $4.39m. The corporation tax charge included $1.23m in adjustments in respect of prior years. Globally, Vertex's sales of Kaftrio/Trikata accounted for 93pc, or $10.2bn, of $11.02bn in global sales. The Irish-based unit accounted for 24pc of global sales. The directors for the Irish-based unit state: 'The increase in revenue for the financial year was due to the continued growth of Kaftrio sales to Vertex-affiliated companies in the EU.' Pay of Reshma Kewalramani, CEO of Vertex's global operations, totalled $23.68m Numbers employed last year increased to eight and staff costs rose by 70pc from $1.3m to $2.2m that included salary costs of $1.5m, $492,000 in share-based payments and $186,000 in social security costs. ADVERTISEMENT The directors state that in December 2024, the Food and Drug Administration (FDA) in the US approved Alyftrek for the treatment of people with CF aged six and over, and the directors state that Alyftrek is currently under regulatory review in the EU. The directors of the Irish company did not receive any pay from the firm in 2024. However, the pay package for the CEO and president of Vertex's global operations, Reshma Kewalramani, last year totalled $23.68m. The CEO's 2024 pay package included stock awards of $17.14m along with non-equity bonus pay of $4.94m. At the end of December last, shareholder funds at the Irish unit totalled $439.16m. Cash funds increased sharply from $262m to $395m.


Irish Daily Mirror
3 hours ago
- Irish Daily Mirror
GoCar reduces services in one county after 'significant damage' caused to cars
An Irish car-sharing company has opted to reduce its services in one county following ongoing 'antisocial behaviour', with 'significant damage' caused to a number of vehicles. GoCar confirmed it would be 'temporarily' reducing the number of vehicles available in Limerick after 'months of persistent incidents' where cars were damaged, placing what the company has called an 'unsustainable strain' on its operations. The car rental company said it was 'genuinely sorry' for the disruption caused to customers and that it is working with Gardaí to restore full service as soon as possible. A GoCar spokesperson told the Irish Mirror: 'At GoCar, we're proud to be a part of the Limerick community since 2017 and truly value the support of our members. We've worked hard to continue providing a reliable service, because we know how important it is to your daily life. 'Unfortunately, months of persistent incidents of antisocial behaviour have caused constant significant damage to our vehicles and placed an unsustainable strain on our operations. 'As a result, we've had to make the very difficult decision to temporarily reduce the number of GoCars available in Limerick. 'We know this will cause disruption to those that use our cars correctly, and for that, we're genuinely sorry. Please rest assured that this is not a decision we've taken lightly. 'We're working closely with local authorities and an Garda Siochana to address the issues and are doing everything we can to restore full service as soon as possible. Thank you for your understanding and for being a valued part of the GoCar community.'