The actions of the new owners of Clerys represent the worse type of vulture capitalism seen in this country, according to Labour politicians on Dublin City Council.
Councillors are now seeking a public meeting over the treatment of the workers to highlight what they say is the "outrageous and predatory actions" of Natrium, the consortium which took over Clerys last week, towards the loyal and dedicated staff who have lost their jobs.
The group, consisting of councillors Mary Freehill, Dermot Lacey, Rebecca Moynihan, Jane Horgan Jones, Andrew Montague, Brendan Carr and Alison Gilliland, have requested Lord Mayor Christy Burke to call the meeting on Monday of next week.
"It is important as a city that we take action to demonstrate that Dublin will not tolerate such actions from companies wishing to settle here," said Ms Freehill.
"Dublin City Council needs to take the lead in a campaign with chambers of commerce, other business organisations and trade unions to demonstrate that such sharp practice will not be tolerated in Dublin.
"Furthermore the offer by the new Clerys owners to support the regeneration of O'Connell Street should not be supported if they persist with their dismissive treatment of staff and concession holders."
The Labour group is calling on the council to agree not to alter the use of the entire Clerys building because of its iconic status, and to resolve that it should continue to be used as retail space.
"DCC should also call on the Government to amend company law to protect our economy and society," said Cllr Freehill.