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18/06/2002
Fears for jobs at Nortel plant in Monkstown
With the recent announcement of global cutbacks from Canadian telecommunication giant Nortel fears are mounting about the safety of jobs at the company’s County Antrim plant in Monkstown.
At the end of May the company revealed another phase of restructuring which could see around 3,500 jobs being lost worldwide.
It has been speculated this will translate into the loss of around 50 jobs in the operations area.
Spokesman for the firm, Ben Rue, said today that Nortel were assessing the impact of the decision on the County Antrim factory, but that the outcome would be communicated to the workforce first.
Over the past twelve months Nortel’s workforce in Northern Ireland has fallen from 2,150 to 1,150 as a result of the recession hitting technology companies.
The plant makes telecommunications transmission equipment and has been a market leader in the provision of fibre optics.
The Newtownabbey operation is Nortel's largest optical systems house in Europe.
The company is a subsidiary of the Canadian-owned global hi-tech corporation which operates in 100 countries.
(AMcE)
At the end of May the company revealed another phase of restructuring which could see around 3,500 jobs being lost worldwide.
It has been speculated this will translate into the loss of around 50 jobs in the operations area.
Spokesman for the firm, Ben Rue, said today that Nortel were assessing the impact of the decision on the County Antrim factory, but that the outcome would be communicated to the workforce first.
Over the past twelve months Nortel’s workforce in Northern Ireland has fallen from 2,150 to 1,150 as a result of the recession hitting technology companies.
The plant makes telecommunications transmission equipment and has been a market leader in the provision of fibre optics.
The Newtownabbey operation is Nortel's largest optical systems house in Europe.
The company is a subsidiary of the Canadian-owned global hi-tech corporation which operates in 100 countries.
(AMcE)
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