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Job announcements and how they represent reality

  • 02-08-2016 1:58pm
    #1
    Registered Users, Registered Users 2 Posts: 262 ✭✭


    You get this today of Company X announces Y jobs over the next Z years.


    I always wonder a few things...

    1) How do they know that this will come to fruition? Same company often announces cuts the following year.

    2) Is this just choreographed stuff from IDA/Enterprise i.e Do announcement to make gov look good and we will continue to give grants/tax breaks

    3) Can the company just announce it to look good and then feck-off with the money/publicity it generates for them?

    Anyone got any inside track on this? Curious/Slow Tuesday


Comments

  • Registered Users, Registered Users 2 Posts: 14,012 ✭✭✭✭Cuddlesworth


    guylikeme wrote: »
    You get this today of Company X announces Y jobs over the next Z years.


    I always wonder a few things...

    1) How do they know that this will come to fruition? Same company often announces cuts the following year.

    2) Is this just choreographed stuff from IDA/Enterprise i.e Do announcement to make gov look good and we will continue to give grants/tax breaks

    3) Can the company just announce it to look good and then feck-off with the money/publicity it generates for them?

    Anyone got any inside track on this? Curious/Slow Tuesday

    From personal experience,

    1/2: Its usually a offer involving tax breaks per x number of new "R&D" staff hired. If they don't meet the conditions then in theory they don't get the discount. Nothing stopping them firing in other areas though, eg: Hiring lab technicians for develeopment of pharma tech, yet firing plant workers at the same time.

    3: No, there are some slight checks and balances. Nothing hugely in depth but most companies are not interesting in pissing off the IDA or revenue.


  • Banned (with Prison Access) Posts: 1,121 ✭✭✭ClovenHoof


    It is all made up nonsense by politicians and public sector spooks trying to make it look as if they can create jobs. Ever notice that is always multinationals? While the vast majority of jobs in this country are created by small business people.

    But you won't see a politicians outside a local plumber's supply merchants, or supermarket who created 50 stable jobs in the local area for the last 20 years. Not glamourous enough.

    The family who own the local SupaValua where I live must have employed as many as Google have in Ireland in the last few decades.

    and they won't be packing up and moving somewhere cheaper when the time comes...


  • Registered Users, Registered Users 2 Posts: 1,436 ✭✭✭AlanG


    A company I worked for announced 200 jobs over 3 years on the 6-1 news while making over 150 people redundant. It was great PR. Saw a similar thing happen in HP many years ago. They quietly let loads of people go and announce lots of potential new jobs for PR purposes. Many of these jobs never happen.


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