Linkedin Limerick event aims to brain-drain Dublin RELATED ARTICLESMORE FROM AUTHOR Email July Jobs Stimulus package sees extension to wage subsidy scheme and pandemic unemployment payment Print WhatsApp Advertisement NewsLocal NewsElement 6 jobs to goBy Bernie English – October 30, 2015 933 TAGSdrilling ShannonElement 6Jobs Facebook New high-end jobs for Shannon THERE was bad news for a Shannon business this week with confirmation that up to 70 jobs could go at the Element 6 industrial diamond manufacturing plant.Sign up for the weekly Limerick Post newsletter Sign Up But despite the immediate effects of the job losses, there are no fears in the long-term for the future of the former De Beers operation, with the company making a €25 million investment in the Shannon facility in 2013. The company also announced the recruitment of 40 extra staff, following the closure of its manufacturing base in Sweden.Speaking at the time of the investment, company chief executive Walter Huehn said that previous cost-cutting measures at the plant had secured its future.A company spokesman said this week that if the world market improves, contract workers could be rehired but the kind of growth necessary is not expected in the short to medium term.The company, which is part of the De Beers group, celebrated 50 years in Shannon in 2013. It is a world leader in the manufacturing and distribution of industrial diamonds used in drilling and other industries.The job losses are being attributed to a global downturn in the gas and oil drilling industries. Previous articleMary Immaculate leading way for students with disabilitiesNext articleTax breaks to breathe new life into Limerick city centre Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. Fisheries Officers wanted to protect and develop fisheries resource in Limerick Twitter UL Hospitals Group in recruitment call for staff in all disciplines New Company creating 100 jobs in Limerick
This Christmas tree fail goes out to all the Clark Griswolds out there. Setting up the Christmas centerpiece can be a trying, dangerous experience. And even once you set it up straight, there is always the chance it could come crashing down around you at any moment. Probably the worst possible moment.Happy Christmas Eve!Stay away from the tree.