600 jobs have been lost at Talk Talk in Waterford..
This is devastating news to all concerned..
I didnt hear the reasons for the closure..does anyone know what happened?
If consumers in Europe put the location of manufacture/service provision ahead of price when they bought a product or service then the jobs would stay in Europe. The fact is that they (we) don't so the jobs go where costs are lowest. That's isn't going to change any time soon.
The bottom line is that Talk Talk will continue to provide this service, be it through a sub-contractor or directly, but they will do it for less money somewhere else.
I hear what you are saying but it doesnt nessarsaily mean we get the best service from our own either ,the reason I say that ,is I read this thread on AAM ;http://www.askaboutmoney.com/showthread.php?t=104283&highlight=talktalkIt's a good point. I was involved in outsourcing back office functions including some customer service roles for a UK financial institution to India. It was an unmitigated disaster. Customers hated it and complained in their droves. They moved everything back to the UK very quickly. I have heard the same with other financial institutions as well.
Why has that happened? Why is Waterford being so badly affected?Terrible news for the City , County & the South East generally.
The local radio station , WLR , has stated that unemployment levels in the City could be as high as 30 % !
I really fear for Waterford's future - Waterford was a great place to grow up in but was always a tough City ( partially related to it's history as a major port ) but with such huge unemployment levels I think the law & order structure may come under increasing pressure & I certainly get the impression that there is a view locally that Waterford has been abandoned by successive Governments & the IDA leading to a palpable level of anger.
We shouldn't really give out about companies relocating to India etc, after all, people in other countries have often lost their jobs when the company relocated to Ireland
Quite correct , Talk Talk were non unionised - a fact now being bemoaned by quite a number of employees being interviewed on various media outlets - they are of the view that their redundancy terms would be enhanced if a Union was in situ.
Why? It's closing down. What would they have done? Picketed outside a deserted building.
Because across all sectors it is quite clear that traditionally & generally where Unions have been involved employees have received better redundancy terms than non unionised employees - I would reference the Public Sector & the Banks as most recent examples.
.
True, but in those cases, they were usually for voluntary redundancy pacakages which management want staff to accept, and the unions have the threat of strike to bargain with.. In the case of Talk Talk, staff have no bargaining chip and if management in the UK are quite prepared to put 600 people on the dole, they won't care about a bit of bad publicity.
Unions have proved far more effective in enhancing redundancy payments whether such redundancies are voluntary or otherwise in Ireland - a fact that has not escaped Talk Talk employees.