Seetec, a British company that has been paid €100 million to help run the state’s controversial job activation scheme, JobPath, for the long-term unemployed, has been bought by its own employees.
The company announced last week that its founder, Peter Cooper, had sold 51 per cent of his 80 per cent holding in the company to an Employee Ownership Trust for the benefit of the company’s 2,535 employees. An existing employee benefit trust...
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