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Industry News Articles

Citibank cuts up to 50 jobs in Waterford, NI

15 May 2013

Up to 50 jobs are being lost in Waterford with the closure of the Citi Bank office.

The bank says the decision is part of wider global restructuring.

Staff at the office on the IDA industrial estate are involved in the bank's hedge fund services.

It is believed that half the staff will be offered redeployment to its Dublin office.

Citi employs 2,200 people in Dublin and remains committed to its operations in Ireland, the company says.

Integrated FUSION & Attendance System

Borer's FUSION Time & Attendance is a smart application that automates the error processes related to monitoring employees working time. It enables you to apply attendance rules with the accuracy, and provide management with realtime data along with the functionality to control cost of human resources and improve productivity.

60% of HR professionals put absence management at the top of their agenda. According to a survey by the Confederation of British Industry (CBI), absence costs nearly £500 per employee a year, at a cost of £12.2 billion to the UK economy.

Borer's FUSION Time & Attendance provides a complete look into the different types of employee absence, from holidays to maternity leave, illness to lateness. FUSION T&A includes a comprehensive set of attendance reports. As a result, you can make decisions regarding policy enforcement, workforce deployment and performance.

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Access Control Systems using Power over Ethernet (PoE) Technology from Borer