Foster responds to announcement of potential redundancies at Liberty Insurance in Fermanagh
Enterprise Minister Arlene Foster has responded to an announcement by Liberty Insurance of the potential for up to 70 redundancies at its Enniskillen insurance operation.
Arlene Foster said: “Today’s news is extremely regrettable, not only for those who will potentially be impacted by the redundancies, but for Fermanagh and the wider economy.
“Having spoken with the company today, I understand that these redundancies are part of Liberty’s plans to stabilise the business and set strong foundations for the future. I’m told the decision to enter a consultation period was a difficult one but it follows many months of assessment and close examination of the business to determine the most viable way forward.
“As a respected, successful international company which has had a presence in Northern Ireland for over 12 years, Liberty has a positive track record in growing through acquisition.
“My department and Invest Northern Ireland will continue to work closely with the company moving forward and assist where possible with the future development of the business in Fermanagh.”