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Wed 08 Aug 2008Sisk lays off 10% of staff as profits drop to €52.1m
SISK GROUP, by far the largest construction business in the State, has laid off more than 10 per cent of its staff since the start of the year as a result of the downturn in the building industry, it has emerged.
Group chief Liam Nagle said about 300 workers from a staff of some 2,900 had been made redundant on a phased basis from the business, which is controlled by members of the Sisk family and is one of Ireland's biggest privately-held companies.
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