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Job cuts at Actavo, funding boost for Sytorus and Furlong's Donegal stake

Job cuts at O’Brien’s Actavo

Actavo, the company formerly known as Siteserv, has reduced headcount by 30 staff based in its Dublin headquarters.

The job reductions in various Dublin-based group functions are part of a larger move by the Denis O’Brien-owned company to reduce its headcount by more than 1,000 in recent months.

Shareholders led by O’Brien injected an additional €10 million into the industrial and engineering services group just before Christmas.

Actavo ...