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The European Commission has today proposed to provide Ireland with €2.7 million from the European Globalisation Adjustment Fund (EGF) to help 592 workers made redundant by Talk Talk Broadband Services and three of their suppliers with their re-integration into the labour market.
The proposal now goes to the European Parliament and the EU's Council of Ministers for their approval.
Ireland applied for support from the EGF for 592 workers made redundant by Talk Talk Broadband Services and three of their suppliers following the closure of the entire Waterford operation. Of the total number of redundant workers, 432 are targeted for assistance from the EGF.
The package aims to help the workers by offering them guidance and career planning, several types of training programmes, higher education courses, training grants, enterprise/self-employment supports, and training, education and enterprise allowances.
The total estimated cost of the package is approximately €5.4 million, to which the EGF would provide €2.7 million.