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25/09/2008
Cork Plant Announces 200 Job Cuts
Employees of an electronics firm in Cork have been told that over 200 employees will be shed as a result of increasing costs.
Staff at the Tyco Sensormatic are expected to attend a meeting with company bosses on Thursday morning where the extensive cuts will be detailed.
Tyco Sensormatic assembles electronic anti-theft tags attached to merchandise in stores. It currently employs 250 people at its plant on Model Farm Road on the outskirts of Cork city.
According to reports, production at the plant will now be outsourced and the plant will continue to operate with skeleton staff before eventually shutting down.
It is the second blow to the county this week following an announcement that 150 jobs are at risk at manufacturing firm Swissco.
Swissco has been operating in Little Island since 1974 and employs 154 full-time and part-time workers in the area.
In a statement issued by the company, Swissco's chiefs said it has not been profitable for some time and closing the plant seems the only viable option.
Staff at the food-processing facility were then told they could face redundancy, with only the possibility of relocation for some of the staff.
(DW)
Staff at the Tyco Sensormatic are expected to attend a meeting with company bosses on Thursday morning where the extensive cuts will be detailed.
Tyco Sensormatic assembles electronic anti-theft tags attached to merchandise in stores. It currently employs 250 people at its plant on Model Farm Road on the outskirts of Cork city.
According to reports, production at the plant will now be outsourced and the plant will continue to operate with skeleton staff before eventually shutting down.
It is the second blow to the county this week following an announcement that 150 jobs are at risk at manufacturing firm Swissco.
Swissco has been operating in Little Island since 1974 and employs 154 full-time and part-time workers in the area.
In a statement issued by the company, Swissco's chiefs said it has not been profitable for some time and closing the plant seems the only viable option.
Staff at the food-processing facility were then told they could face redundancy, with only the possibility of relocation for some of the staff.
(DW)
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Ireland WeatherToday:A cloudy morning with a few showers at times. Becoming dry in the afternoon and staying mainly cloudy, but some sunshine breaking through particularly in the east. Maximum temperature 16 °C.Tonight:Quite cloudy across all counties at first but clear spells most likely towards Down and Antrim, becoming widespread through the evening and overnight. Minimum temperature 5 °C.
