In co-operation with the industrial development agencies and local organisations, FÁS has developed a process of engagement with redundant workers. Since the beginning of 2003, FÁS has engaged with some 100 companies experiencing redundancies. Skills audits and subsequent training form the backbone of interventions. As a result of these interventions, many workers have secured alternative employment.
Training and employment supports to those who have suffered redundancy are funded from FÁS training and support and the employment programmes budgets. In 2005, these budgets stand at €345 million and €395 million, respectively, and these are funded through a combination of Exchequer and NTF resources.