Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

yoppy via Flickr

Jobs to go at Britvic and HMV

The drinks group and record chain will seek job cuts in Ireland: the former reviewing its trade, the latter hit by downloads.

THERE IS MORE bad news on the jobs front for Ireland, with the news that both Britvic and HMV are to seek job cuts in Ireland in the coming months.

Drinks manufacturer Britvic is to seek 100 redundancies from its Irish workforce of 730 around Ireland, after reviewing its business practices in its five plants in Dublin, Cork, Belfast, Limerick and Thurles.

12 of the layoffs have been confirmed for Northern Ireland, with the remaining positions to be sought from voluntary redundancies from staff south of the border.

RTÉ reports that the brand – which had indicated it was reviewing its practices last year – said it was preparing a new strategy which would help it grow in what was a changing drinks market.

It was committed to its significant investments in Dublin and Thurles, however. The company makes Ballygowan water as well as the Club range of soft drinks, 7up and the MiWadi fruit drinks.

HMV, meanwhile, is to close 60 of its stores in the UK and Ireland, which account for more than 20% of its retail presence on these islands.

Sales in the Christmas period were down by 13.6% on a like-for-like basis with levels last year, with the company blaming both the increased prevalence of music downloading as well as the unusually difficult weather conditions.

The chain did not indicate how many of the 60 closures would come in the Republic of Ireland, where HMV runs 16 stores, or in the North where it runs 12.

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
JournalTv
News in 60 seconds