Management and unions at Bus Éireann will appear before the Labour Court this afternoon after negotiations broke down overnight.
Unions say they offered 18 million euro in payroll reductions, while management claim they had proposals on reaching financial viability rejected.
Company management say an agreement was reached to eliminate workplace inefficiencies.
They added that unions rejected an offer by the company that they say would’ve achieved financial viability.
The unions say they believe the government has been interfering with the talks behind the scenes.
Unions say they put 18 million euro worth of payroll cuts on the table, more than enough to cover the company’s deficit.
If no deal can be reached or an agreement at the Labour Court isn’t satisfactory, examinership is a possibility.
Both parties will appear before the Labour Court at 3pm this afternoon.
Meanwhile, a Killaloe Executive member of the NBRU has expressed disappointment over the outcome of the talks so far but insists the fight isn’t lost.
Tony O’Brien, who is also a local Councillor hopes there will finally be a resolution within the next 24 hours: