Jobs News – Cappoquin, Hewlett Packard (HP) and Caideil MP Teoranta
Wednesday, September 17th, 2008
The papers have been focusing on global financial jobs loss over the last few days with thousands more jobs lost as a result of financial sector meltdown. Back home there was also more negative job news
Hewlett Packard announced that it wants to cut 24,000 jobs globally which has increased uncertainty with its 4,000 employees in Ireland. HP employs 4,000 staff in Belfast, Dublin, Galway and Leixlip. The global job cuts will represent a 7.5% of its 178,000 global workforce. It is expected that most of these job cuts will come from EDS a recent acquisition. EDS employs 400 staff in Dublin.
250 jobs will go in Waterford with the news that buy-out talks for poultry firm Cappoquin have collapsed. This is a huge blow for the poultry industry in Ireland with the direct job loss and indirect impact on 50 producers for the firm in Munster.
Finally Tourmakeady in Co. Mayo had some bad jobs news when local firm Caideil MP Teoranta announced that it would be closing with the loss of 32 jobs.
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