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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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Fears Mount Over 250 Job Losses In Cork
Early reports have surfaced suggesting a major Cork employer could be sacking all of its 250 workers. Tyco Sensormatic, which employs 250 people at its plant in Bishopstown, is reportedly examining its operations globally, and may be planning to relocate the Cork facility to a new plant in Mexico as soon as it has been built.
Fears Mount Over 250 Job Losses In Cork
Early reports have surfaced suggesting a major Cork employer could be sacking all of its 250 workers. Tyco Sensormatic, which employs 250 people at its plant in Bishopstown, is reportedly examining its operations globally, and may be planning to relocate the Cork facility to a new plant in Mexico as soon as it has been built.
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