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25/06/2001
NORTEL TO MAKE FURTHER JOBS CUTS
TELECOMMUNICATIONS company Nortel has announced it is to make a further 330 people redundant at its Northern Ireland plant in Monkstown.
This is the fourth time the company has cut jobs at the factory this year. The company blamed the continuing global downturn in the demand for telecommunications equipment for the job cuts. They mean that from a peak of 2,400, the workforce at Monkstown will have fallen to 1,600.
Until only a few months ago, Nortel was involved in a massive recruitment drive as increasing use of the internet led telecommunications companies to invest heavily in their infrastructure.
However, a slowdown in demand for internet-related equipment has led to a programme of jobs cuts and contraction which has hit the company worldwide.
However, earlier this month, Nortel won the Northern Ireland Exporter of the Year award. The company, which is a subsidiary of the Canadian-owned global high-tech corporation, received the honour at a gala presentation at the Waterfront Hall in Belfast. (MB)
This is the fourth time the company has cut jobs at the factory this year. The company blamed the continuing global downturn in the demand for telecommunications equipment for the job cuts. They mean that from a peak of 2,400, the workforce at Monkstown will have fallen to 1,600.
Until only a few months ago, Nortel was involved in a massive recruitment drive as increasing use of the internet led telecommunications companies to invest heavily in their infrastructure.
However, a slowdown in demand for internet-related equipment has led to a programme of jobs cuts and contraction which has hit the company worldwide.
However, earlier this month, Nortel won the Northern Ireland Exporter of the Year award. The company, which is a subsidiary of the Canadian-owned global high-tech corporation, received the honour at a gala presentation at the Waterfront Hall in Belfast. (MB)
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Twin Jobs' Fears Revealed
There's doubly bad news on employment today as jobs are to be lost at a major manufacturing facility in Co Antrim, while more cuts are expected at Translink in Derry. The losses are at Nortel's plant in Newtownabbey where last month the telecoms company said it had plans to shed over 3,000 jobs worldwide.
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There's doubly bad news on employment today as jobs are to be lost at a major manufacturing facility in Co Antrim, while more cuts are expected at Translink in Derry. The losses are at Nortel's plant in Newtownabbey where last month the telecoms company said it had plans to shed over 3,000 jobs worldwide.
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Sir Reg acts to address East Antrim job losses
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Sir Reg acts to address East Antrim job losses
Enterprise Minister, Sir Reg Empey, has said he will chair a Forum on job losses in the East Antrim area – which will be held next Thursday in Carrickfergus. The Forum will involve MLAs, councillors, economic development officers, business organisations, trade unions and company representatives.
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Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
