GlaxoSmithKline announced 100 redundancies in Cork today. This is a blow for the Pharmaceutical sector as they are good employers in the region – 1600 staff. Poor sales were put forward as the reason for Job Loss.
A redundancy cloud hangs over SR Technics with suggestions that 200 jobs could go as a result of lost contract. SR Technics lost 3 of the 4 contracts they had with Aer Lingus. Fortunately they held on the Line maintenance contract which if lost could have threatened the bulk of the 1500 staff currently employed.
The above news was in contrast with new job announcements in Dublin and Belfast. ServiceSource is to create 100 jobs in Dublin and Fidessa 26 jobs in Belfast.