Motorola has announced that 350 jobs are under threat in Cork.
Last week Abbott announced that it was selling it's plants in Longford and Sligo to GE. GE have said that the jobs are safe but
Source: Ocean FMthe company will assess the role of both outlets when the sale is concluded in the next few months.
Pfizer's 2,000 employees are currently awaiting the results of a review of that companies operations in Ireland. Pfizer is reducing it's worldwide headcount of 100,000 by 10% (or 10,000) jobs. Ireland is not expected to escape the brunt of the cost-cutting.
FCI Ireland announced this week that they were closing down their operation in Fermoy with the loss of 240 jobs.
Ire-Tex announced this week 250 job losses at their premises in Kildare, Meath and Limerick.
On the 17th of January the irish Independent quoted informed sources saying Intel would announce 100 job losses at their Leixlip plant at the end of March.
There were 450 redundancies a week last year in Ireland. So you could say that the above losses are consistent with natural shrinkage and that new jobs will come available to replace them.
The worrying thing is though. Motorola, Pfizer, Intel and to a certain extent Abbott are traditionally seen as Blue-Chip jobs. Is ireland becoming too expensive for these comapnies?



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