Bus Éireann Board Statement, March 15, 2017
Due to the perilous state of the Company’s finances and the failure to reach agreement with unions at the Workplace Relations Committee (WRC) last Monday, the Board of Bus Éireann convened this morning to hear management outline a number of further cost-saving options which could be urgently implemented.
Before implementing these options, the Board have now sought written clarification from unions in relation to their position. Subject to this clarification, which is expected today, there may be an opportunity to re-engage in time-limited talks.
The Board will re-convene again to approve the implementation of cost saving measures, which must be taken to avoid the risk of insolvency .
Wednesday, 15th March, 2017