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Archives for May 2008

Origina add 60 new jobs in Dublin

7 May 2008 | Ireland | No Responses

Origina, an IT services and and consulting firm have plans to add up to 60 new jobs in the next two years. This will bring the numbers who work for Origina to 120. The €3million investment is to help to bring the company to be a competitor to the traditional consulting firms. Origina, formally known as Unitech, will use €100,000 of the investment to rebrand the company and align the brand across Europe. Created in 1998 to meet the need of data storage management, Origina now offers project management, infrastructure and IT consolidation services. In the past they have also partnered with some of the bigger global brands like IBM , VMware, Orcale and Red Hat. The majority of these new jobs will be tech related positions and will at the headquarters in Dublin.

Medtronic move to Galway from the US

7 May 2008 | Ireland | No Responses

Medtronic (www.medtronic.com) have annoucned plans for wordwide cuts in their staffing. Up to 1,100 jobs worldwide are expected to go, which is almost 3% of it’s workforce. Thankfully this comes with a good note for Jobs in Galway , as Medtronic are moving their endovascular manufacturing operation from Santa Rosa, California, USA to Galway . The endovascular division makes stent grafts to treat aortic abdominal aneurysms. It is also moving some of it’s operations (diagnostic and cardiac rhythm disease management) to Holland.

medtronic ireland

Medtronic specialises in medial technology for chronic diseases. They manufacture products and therapies and services to alleviate pain and enhance peoples lives. Each year over 6 million people world wide use Medtronics services in the treatment of heart disease, diabetes and vascular illnesses.

Almost 50% more redundancies

5 May 2008 | Ireland | No Responses

The DETE (Department of Enterprise Trade and Employment , www.entemp.ie) has published some frightening figures on Irish redundancy rates. Year on year the number of reported redundancies in April rose by 47% between 2007 and 2008. The majority of these job losses were in the construction and manufacturing sectors, making up almost half of the reported redundancies. Up to April this year, there was more than 11,000 redundancies reported to the DETE. This figure is 27% larger than the same 4 months (January to April) in 2007. Standardised unemployment rate remains unchanged at 5.5% in April, according to the CSO (Central Statistics Office) and there is now 158,600 people on the live register (seasonally adjusted) , of these 58% were male. These news statistics come also with bad news from the Exchequer . As of the end of April, the tax take figures are around €736 million off their targets. Areas that had lower than expected revenues include the Capital Gains Tax and stamp duty receipts. These make up about €400 million of the loss. Micheál Martin, the minister for Enterprise Trade and Employment was quoted as saying that there currently is a “rebalancing” taking place in the economy.

So with all the doom and gloom in Ireland, and the apparent stagnant housing market in Ireland, it seems like the economy is starting to slow down. Now that unemployment is up, more redundancies are happening than previously and less people are selling their houses, the Celtic tiger is truly asleep.

Italy publishes everyones salary and returns

1 May 2008 | Ireland | No Responses

A crazy news story from Italy today, apparently yesterday there was an official website publishing all the salary declarations and tax contributions for everyone in Italy. The tax authority’s website was overload by zealous Italians wondering how much their neighbours to big soccer stars earn.

The website was suspended within 24 hours of going live after an official complaint from the Italian’s privacy watchdog. The reason for publishing the details according to the Italian Finance department, well it was supposed to increase the country’s transparency. This has come just days before the administrational change in the government to Prime Minister Silvio Berlusconi. Some say the website was a way of getting back at the incoming government. More from the BBC.