Company employs more than 100 people worldwide
Irish gifting platform &Open is preparing to cut a small number of roles from its global workforce, sources said, as ongoing economic uncertainty sparks caution.
Nine roles are understood to be at risk at the Dublin-based company, while the founders and executives will also take a pay cut until the reality of the new economic conditions is clear. It equates to less than 10 per cent of its total workforce, which stands at more than 100 people. The Dublin-based company is in consultation with staff over the job cuts. For those leaving the company, &Open will offer three months’ pay in lieu of notice, keeping staff on the payroll until at least the end of February. It will also pay for unused leave.
Founded in 2017 by Ciara Flood and Jonathan and Mark Legge, &Open’s corporate gifting platform is aimed at making it easier for brands to send curated, responsibly sourced gifts to customers to boost loyalty and engagement and improve customer retention. It handles the process on behalf of the sender and offers data to clients through a reporting dashboard that outlines the performance of each campaign, inventory and feedback from recipients.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Air travel set to reach 100% of 2019 levels next yearIn a submission to the Oireachtas Transport Committee, the International Air Transport Assocation says travel demand in Ireland is progressing well including the lucrative transatlantic market where Aer Lingus has added several new routes for next summer.
Read more »
Kilmainham Gaol marks 100 years since first Civil War executionsA special exhibition marking the centenary includes the original last letters of Peter Cassidy and James Fisher.
Read more »
Over 35,000 annual deaths in Europe linked to drug-resistant superbugs - reportAlmost 100 people die from antimicrobial-resistant bacteria every day, says European disease centre
Read more »
Open Newsroom - COP27: What did we learn in Egypt?This Friday at 1pm, we'll be hosting an Open Newsroom webinar and Q&A to look at how COP27 has unfolded, and whether we can expect climate action to accelerate. We'll be joined by MollemaNils, SadhbhO and laurenanna_1. Register for free here:
Read more »