Dublin Bus has urged Trade Unions and employees to discontinue industrial action which is causing disruption and inconvenience to customers and further financial losses for the company.
The company announced that following the disappointing rejection by Trade Unions of the Labour Courts Recommendation, it had no alternative but to implement its Cost Recovery Plan on Sunday 4th August. The implementation of the plan is critical in order to achieve savings of €11.7 million and return the company to financial stability.
Since June 2012, Dublin Bus has engaged in extensive and widespread consultation on the company’s Cost Recovery Plans with Trade Unions and employees across all grades. The company’s Cost Recovery Plan was referred into the Labour Relations Commission in November 2012 and subsequently all parties were before the Labour Court in March 2013, which resulted in a recommendation being issued on June 17th. Dublin Bus is seeking to make €11.7 million in savings each year of which €7.7 million will come from direct payroll costs and €4 million from efficiency and productivity savings. The company’s financial situation has been accepted by the Labour Court and by the Trade Unions’ own independent financial assessors. 14 months later, having exhausted all of the State’s industrial relations mechanisms, no savings from terms and conditions have been achieved. Dublin Bus has no option but to proceed immediately with the implementation of the Labour Courts Recommendation.
Customers are advised to visit www.dublinbus.ie or follow @dublinbusnews on twitter for further updates.