Menu
27/11/2003
Jobs fears at Dairygold's Michelstown plant
Irish food company Dairygold have told unions and staff at its Michelstown plant that 500 jobs losses by the end of the year are "unavoidable".
The company, one of the largest employers in the Cork region, last year saw profits slashed to euro 5 million. Business analysts are predicting that the next round of financial figures from the company will reveal a loss.
Talks on a restructuring programme with rationalisation of jobs within the company commenced with unions earlier this year. Redundancy packages have received broad agreement from unions, but it is expected that there will have to be enforced redundancies if there are insufficient voluntary redundancy candidates.
Dairygold executives have warned that given the company's financial setbacks there are no other options.
The company have announced that as part of the restructuring strategy includes the outsourcing of transport services as well as an extensive programme of cuts right across the business operation.
It is feared that as many as 1,000 of the company's 3,200 employees may go as part of the radical restructuring of the company’s operation in Cork.
(SP)
The company, one of the largest employers in the Cork region, last year saw profits slashed to euro 5 million. Business analysts are predicting that the next round of financial figures from the company will reveal a loss.
Talks on a restructuring programme with rationalisation of jobs within the company commenced with unions earlier this year. Redundancy packages have received broad agreement from unions, but it is expected that there will have to be enforced redundancies if there are insufficient voluntary redundancy candidates.
Dairygold executives have warned that given the company's financial setbacks there are no other options.
The company have announced that as part of the restructuring strategy includes the outsourcing of transport services as well as an extensive programme of cuts right across the business operation.
It is feared that as many as 1,000 of the company's 3,200 employees may go as part of the radical restructuring of the company’s operation in Cork.
(SP)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
03 November 2015
Michelin Tyres To Close Ballymena Factory By Mid-2018
Michelin Tyres is to close its factory in Ballymena by mid-2018 with the loss of 860 jobs. The firm said it is is due to the "significant downturn" for truck tyres in Europe since the financial crisis in 2007. DUP MP Ian Paisley said it was a big blow to the manufacturing industry in Northern Ireland.
Michelin Tyres To Close Ballymena Factory By Mid-2018
Michelin Tyres is to close its factory in Ballymena by mid-2018 with the loss of 860 jobs. The firm said it is is due to the "significant downturn" for truck tyres in Europe since the financial crisis in 2007. DUP MP Ian Paisley said it was a big blow to the manufacturing industry in Northern Ireland.
20 January 2006
Jobs to go at Arklow credit card facility
EuroConex has confirmed that 42 jobs are to be shed at its credit card clearing facility in Arklow, County Wicklow.
Jobs to go at Arklow credit card facility
EuroConex has confirmed that 42 jobs are to be shed at its credit card clearing facility in Arklow, County Wicklow.
05 June 2003
Wedgwood factories close with loss of 1,000 jobs
Pottery manufacturer Waterford Wedgwood has announced that it is to close two factories in Stoke-on-Trent, Staffordshire, and shed 1,000 jobs in the UK. The move is part of a major restructuring announced on the back of the company’s annual financial report that reveals a decline in sales.
Wedgwood factories close with loss of 1,000 jobs
Pottery manufacturer Waterford Wedgwood has announced that it is to close two factories in Stoke-on-Trent, Staffordshire, and shed 1,000 jobs in the UK. The move is part of a major restructuring announced on the back of the company’s annual financial report that reveals a decline in sales.
05 October 2009
Bord Na Móna Jobs In Jeopardy
Some 500 Bord Na Móna workers are fearing for their jobs as news of extended closures to Offaly and Longford power stations emerged. It was confirmed today the two power stations in the midlands would be closed for prolonged periods during the next two years.
Bord Na Móna Jobs In Jeopardy
Some 500 Bord Na Móna workers are fearing for their jobs as news of extended closures to Offaly and Longford power stations emerged. It was confirmed today the two power stations in the midlands would be closed for prolonged periods during the next two years.
29 July 2009
M&S Drivers' Strike Looms
It looks likely today that deliveries to Marks and Spencer stores throughout the UK will be hit by a threatened drivers' strike. Some 100 staff at worldwide courier company DHL's centre in Mallusk near Belfast and two depots in England are considering walking out after a pay freeze, the union Unite said.
M&S Drivers' Strike Looms
It looks likely today that deliveries to Marks and Spencer stores throughout the UK will be hit by a threatened drivers' strike. Some 100 staff at worldwide courier company DHL's centre in Mallusk near Belfast and two depots in England are considering walking out after a pay freeze, the union Unite said.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.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.
