{"id":109136,"date":"2025-10-28T21:50:07","date_gmt":"2025-10-28T21:50:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/109136\/"},"modified":"2025-10-28T21:50:07","modified_gmt":"2025-10-28T21:50:07","slug":"hundreds-of-jobs-under-threat-as-fastway-couriers-enters-receivership-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/109136\/","title":{"rendered":"Hundreds of jobs under threat as Fastway Couriers enters receivership \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">The company behind Fastway Couriers <a href=\"https:\/\/www.irishtimes.com\/ireland\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/ireland\/\">Ireland<\/a> has entered receivership, prompting fears for about 300 jobs. <\/p>\n<p class=\"c-paragraph paywall \">On Tuesday, a spokesman for the Nuvion Group, which also includes Parcel Connect and N\u00fcgo, confirmed the move. <\/p>\n<p class=\"c-paragraph paywall \">\u201cThe business has faced sustained inflation, rising operating costs and ongoing price pressures across the parcels market, which have made it no longer viable in its current form,\u201d he said. <\/p>\n<p class=\"c-paragraph paywall \">Mark Degnan and Brendan O\u2019Reilly of Interpath Advisory have been appointed as receivers. <\/p>\n<p class=\"c-paragraph paywall \">It is understood there are 300 jobs directly at risk, while a larger number of indirect jobs could see total the total number reach 1,000 as a result. <\/p>\n<p class=\"c-paragraph paywall \">The spokesman said that delays and disruption to services were envisaged and that the receivers would work with retailers to minimise any impact. <\/p>\n<p class=\"c-paragraph paywall \">\u201cWe want to sincerely thank our employees, franchisees and customers for their continued understanding and support during this difficult time,\u201d he said. <\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/technology\/big-tech\/2025\/10\/28\/amazon-targets-as-many-as-30000-corporate-job-cuts-sources-say\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Amazon to cut up to 14,000 corporate jobsOpens in new window<\/a>\u00a0]<\/p>\n","protected":false},"excerpt":{"rendered":"The company behind Fastway Couriers Ireland has entered receivership, prompting fears for about 300 jobs. On Tuesday, a&hellip;\n","protected":false},"author":2,"featured_media":109137,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60,1962],"class_list":["post-109136","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland","tag-work"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/109136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=109136"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/109136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/109137"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=109136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=109136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=109136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}