Peadar Tóibín
Question:58. Deputy Peadar Tóibín asked the Minister for Enterprise, Trade and Employment the number of early warning reports for foreign direct investment companies for each of the past five years. [21603/23]
View answerThursday, 11 May 2023
Questions (58)
Written answers
My Department operates an Early Warning Report system, known as EWRs, through which the enterprise agencies - including IDA Ireland - notify the Department when they become aware of any significant issue arising for client companies that could impact their business in Ireland. While there is no obligation on companies to provide EWRs to the enterprise agencies, employers are legally obliged to notify the Minister of Enterprise, Trade and Employment of proposed collective redundancies. Additionally, our enterprise development agencies work hard to maintain close working relationships and strong channels of communication with their client companies, which facilitates the operation of this system.
It is important to note that not all EWRs translate to job losses, and in some cases, the proposed number of job losses may be revised downward following statutory employee consultation periods.
The table below outlines the number of Early Warning Reports issued by IDA Ireland for each of the past five years 2018–2022 inclusive.
|
Year |
No. of Early Warning Reports |
|
2018 |
33 |
|
2019 |
32 |
|
2020 |
137* |
|
2021 |
41 |
|
2022 |
58 |
*2020 was the year when Covid-19 Work Restrictions were implemented