Element 6 jobs to go

first_imgLinkedin 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 center_img 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 Limericklast_img read more

Group calls for review of home repossessions

first_img Further drop in people receiving PUP in Donegal WhatsApp WhatsApp Previous articleDoherty calls for retention of CDPsNext articleParents of dead infant suffer nightmare Dublin trip for PM News Highland News By News Highland – December 3, 2009 Pinterest Google+ Twitter Facebook Gardai continue to investigate Kilmacrennan fire Pinterestcenter_img Main Evening News, Sport and Obituaries Tuesday May 25th Twitter Google+ RELATED ARTICLESMORE FROM AUTHOR A group set up in the North West to help homeowners at risk of losing their home says it shouldn’t be left up to the mortgage lender alone to decide on the future of a family’s house. Thousands of people across the country are now in mortgage arrears with many facing the prospect of home repossession. Later this morning the ECB is expected to announce that interest rates will remain unchanged – at a historic low of 1 percent – but that’s little comfort to those already in difficulty. Founder of the group – Barry O’ Flynn says that no family should be forced from their home, without proper investigation. 365 additional cases of Covid-19 in Republic Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Group calls for review of home repossessions 75 positive cases of Covid confirmed in North last_img read more