Companies

Enterprise Ireland issued early warning of job cuts at Altada

The report on the aspiring tech unicorn was written on the day it announced it was furloughing staff, who have since received no word on their work status

Allan Beechinor and Niamh Parker, co-founders of Altada: staff have not received any update on their employment status. Picture: Darragh Kane

Enterprise Ireland issued an “early warning report” to the Department of Enterprise, Trade and Employment in August citing potential job losses at Altada, the troubled technology company, the Business Post can reveal.

The report was written on August 5, the day the company issued a press release announcing it was furloughing staff, and circulated on August 8 to Leo Varadkar’s department.

Representatives from the Department of the Taoiseach, the Department of Higher Education, the Labour ...