Administrators promises not to slash the UK and Northern Ireland division any further
Quinn’s administrators have soothed staff concerns over more job losses.
Lawyers told the High Court in Ireland yesterday that the insurer’s staff numbers would shrink from from 2,454 pre-administration to 1,628, the level already achieved through the cuts announced in May last year.
The administrators also sent an e-mail to all Quinn Insurance staff stressing the insurer’s sale included "preserving the maximum number of jobs", reports the Belfast Telegraph.
Staff feared Quinn’s UK and Northern Ireland division would be shut after the sale, leading to 1,000 job losses.
"Although I cannot guarantee today that we will achieve those objectives let me be very clear - the alternative situation in which a sale does not proceed, is not something anybody would wish to consider," the administrator's note added.
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