Posts Tagged ‘Kostal’

Sun Microsystems to cut jobs

Saturday, November 15th, 2008


Sun Microsystems announced on Friday that it will be cutting between 5,000 and 6,000 jobs globally which represents about 15% of its workforce. High loss has put the company under pressure to take these drastic changes. It is estimated that these job cuts would save the company about USD800m annually.

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Kostal jobs fears – Abbeyfeale & Mallow

Wednesday, November 12th, 2008


Today the newspapers announced that there are growing over the future of jobs at Kostal. This follows the news that the German manufacturer will cut working tme by 20% from February. The firm manufacters automotive electronic systems employs a total of 1,100 workers in Ireland. Downturn in global car sales has been sited as a reason for the cutbacks which will affect its two plants in Ireland – Mallow & Abbeyfeale. 29 workers are expected to be laid off this side of Christmas. There will also be shutdowns at these plants for three days in November and for three weeks over Christmas. From next February working hours at Mallow & Abbeyfeale will be reduced by 20 percent.