:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/T427PZJOCFHFFBH7BTEF2VE6JE.JPG?w=1200&resize=1200,630&ssl=1 "100 ESB staff receive â¬200,000 severance; security alert at Israeli embassy in Dublin â The Irish Times")
More than 100 ESB staff received â¬200,000 severance deal each
More than 100 staff who left the ESB on foot of the closure or downsizing of power plants in recent years each received a severance package valued at more than â¬200,000, the company has said.
The ESB said the deal, which was put in place in 2019, 2020 and 2021, involved a lump sum element and some ongoing payments to personnel until they reached retirement age.
The company also said that separately two other employees had âceased employment with ESB during the years 2019 to date in 2024 under exit/severance/redundancy packages valued in excess of â¬200,000 but less than â¬300,000â³.
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