THE perfect economic storm is sinking jobs in Clare, with the news yesterday of more than 70 jobs being axed in the county.
57 workers at the Shannon based company, Avocent are to lose their jobs while workers will go in north Clare as German company Stubben Ltd is to cease all manufacturing at it’s Ennistymon factory.
And that town’s largest employer, Data Display, confirmed that they had to have workers on a four day
week for a period to avoid letting staff go. The factory employs 250 and Managing Director, Kevin Nev- ille said: “It’s a perfect storm – the strength of the dollar, the cost of fuel and the general global economy all going bad at the same time’, he said.
The Ennis regional office of inte- rior fit-out business, Ashcoin, which employed over fifty people at the Ballymaley business park, ceased trading two weeks ago.
Avocent yesterday confirmed plans to undertake a restructuring OuesaeeDeOUeNComm debs MMW sIDMBUCKIU Lm DO MmoLe.
redundancies at its Irish operations – 57 in Shannon and 7 in Dublin. The move will cut jobs at its Shannon operations from 160 to 103 and will affect its Research and Development functions.
The company said the measures are “part of a series of actions designed to enhance competitiveness, improve efficiency and reduce cost structure across its European locations.”
Avocent Senior Vice President and Managing Director of Avocent Inter- national at Shannon Mr Kieran Mac- Sweeney said staff whose positions
are affected had displayed exem- plary levels of quality and flexibility throughout their employment and the company would provide whatever support they could to help them se- cure new positions.
The company, whose customers in- clude industry leaders such as Bank of America, Boeing, Intel, Micro- soft, Nokia and Compaq, also con- firmed that it has entered collective redundancy discussions with staff NBC olee