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16/11/2007
Further Job Losses Revealed
An estate agent in County Antrim has shed staff while rural Limavady has again been hit by news of substantial job losses.
Following soon after 900 jobs being shed by international company, Seagate, the closure of Huco Lightronics in the County Londonderry town will mean the loss of 70 jobs in January.
The Limavady company, which makes vehicle and lighting electronic parts, has been the subject of a review – with employees warned that operational viability was under scrutiny – since 2006.
Meanwhile, there have been over 30 redundancies at the McAfee Properties and Mortgages Group.
The company, which has several offices along the north coast as well as in Ballymena and Antrim, made 32 staff redundant last month.
This is one of the most dramatic signs to date that Northern Ireland’s property market has finally peaked and is on the way into a major cool-down period.
A recent report from the University of Ulster, for example, said that first time buyers were now very scarce and the only continuing sales activity was taking place in the higher value property sectors.
See:
Sales Falter As Average House Cost Tops £250,000
(BMcC)
Following soon after 900 jobs being shed by international company, Seagate, the closure of Huco Lightronics in the County Londonderry town will mean the loss of 70 jobs in January.
The Limavady company, which makes vehicle and lighting electronic parts, has been the subject of a review – with employees warned that operational viability was under scrutiny – since 2006.
Meanwhile, there have been over 30 redundancies at the McAfee Properties and Mortgages Group.
The company, which has several offices along the north coast as well as in Ballymena and Antrim, made 32 staff redundant last month.
This is one of the most dramatic signs to date that Northern Ireland’s property market has finally peaked and is on the way into a major cool-down period.
A recent report from the University of Ulster, for example, said that first time buyers were now very scarce and the only continuing sales activity was taking place in the higher value property sectors.
See:
Sales Falter As Average House Cost Tops £250,000
(BMcC)
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08 February 2002
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Bombardier call a halt to anticipated job losses
A round of job reductions at Belfast aerospace firm Short Bros. has been halted, after the company released a statement confirming there would be "substantially fewer redundancies" than the number previously announced in September of last year.
23 October 2003
Shirt company closure results in 51 job losses
A shirt manufacturing company in Co Donegal has announced that it is to close one of its plants with the loss of 51 jobs. Clubman Omega Ltd will close its Carndonagh plant but will continue to manufacture shirts at its Buncrana base.
Shirt company closure results in 51 job losses
A shirt manufacturing company in Co Donegal has announced that it is to close one of its plants with the loss of 51 jobs. Clubman Omega Ltd will close its Carndonagh plant but will continue to manufacture shirts at its Buncrana base.
05 March 2015
Discussions To Be Held Over 200 Job Losses At Ageas
Political representatives and Invest NI are told to hold a meeting with the management of Ageas Belfast today, Thursday, following the announcement of over 200 job losses. The firm plans to close its call centre at Springvale Business Parkm and a 90-day redundancy consultation period has began.
Discussions To Be Held Over 200 Job Losses At Ageas
Political representatives and Invest NI are told to hold a meeting with the management of Ageas Belfast today, Thursday, following the announcement of over 200 job losses. The firm plans to close its call centre at Springvale Business Parkm and a 90-day redundancy consultation period has began.
07 March 2012
Talks To Resume Over UU Job Cuts
Talks are set to take place today with University of Ulster (UU) staff in regard to proposed job cuts. The university previously announced that up to 200 posts could be made redundant as part of a rolling programme of job losses over the next four years.
Talks To Resume Over UU Job Cuts
Talks are set to take place today with University of Ulster (UU) staff in regard to proposed job cuts. The university previously announced that up to 200 posts could be made redundant as part of a rolling programme of job losses over the next four years.
09 February 2012
Halifax Staff Fear Job Losses
Staff at a Building society are facing their fears that 80 jobs could be taken away from Belfast if a restructuring programme goes ahead. Halifax has revealed that a restructuring of its services could see 80 jobs in its Retail Mortgage and Private Banking section relocated.
Halifax Staff Fear Job Losses
Staff at a Building society are facing their fears that 80 jobs could be taken away from Belfast if a restructuring programme goes ahead. Halifax has revealed that a restructuring of its services could see 80 jobs in its Retail Mortgage and Private Banking section relocated.
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Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
