Redundancy terms at Indeed ‘unacceptable’ – FSU

The Financial Services Union (FSU) has said that the redundancy terms being offered to Irish-based staff at jobs website Indeed are ‘unacceptable’.

Last month, the company announced 1,000 global job cuts, around 8% of its workforce.

Indeed has not said how many jobs will go at its Irish operation, which employs more than 1,200 people, however it is understood around 70 redundancies are being sought.

In April 2023, 225 Irish-based employees at Indeed were let go as part of 2,200 worldwide job cuts.

The FSU said today that the company has moved to a ‘voluntary first’ approach for the Irish layoffs with the employer now providing for an expression of interest for those who would like to accept the redundancy terms.

However the union said that it has been informed by workers that they are unhappy with elements of the severance package.

It said that long service needs to be better recognised by Indeed and that a retraining grant should be included in the terms of the redundancy.

“Indeed need to improve the redundancy terms particularly for long term staff and pay the retraining grant so that staff are better positioned for the job market post redundancy,” said Gareth Murphy, Head of Industrial Relations and Campaigns with the FSU.

An Indeed spokesperson said its focus for Ireland has been on making the consultation process an open and transparent one for everyone involved so that all impacted staff understand the company’s proposals and that all concerns raised are fully considered.

“We have engaged in collective consultation with elected employee representatives who were chosen by their colleagues and will continue to engage constructively, including with respect to all matters raised. And we will, of course, comply with all legal obligations around this process,” the company said.