03/04/2009

130 Jobs Axed At Flextronics

The Cork branch of the billion dollar multi-national corporation Flextronics has announced they are axing 130 jobs.

The electronic components company announced this morning that 130 people are to be made redundant by the company.

Employees had voted at a meeting four weeks ago to take voluntary redundancy after the company announced worldwide restructuring plans.

The redundancies are due to commence at the end of this month with 95 general operatives and 35 administrative staff to go leaving up to 150 staff and contract employees working at the plant.

The plant located at Kilbarry Industrial Estate once employed over 1100 people.

The company was started up in Silicon Valley in 1969 and last year announced holdings of €16 billion.

Last Friday, its sister company in Limerick announced 150 remaining jobs there would go by the end of the year as the company winds down its Limerick operation.

(DW/BMcC)

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