Rent Collection & Private Landlord Information
- By Bankruptcy Ireland
- Published October 14, 2009
Jobless Figure Rises Again
120 jobs are to be cut in the Cork area, Harris Corporation, A US technology firm has announced today.
69 full time staff and 50 part time staff are planned to be cut from the firm, the company had originally took over Tyco Electronic’ last May, resulting in the closure of the Cork facility.
The firm informed employees of plans to explore business plans and after an assessment of the company and its finances resulted in the closure of the Cork facility which plans to close by the end of June next year.
A generous redundancy settlement has been agreed and the closure will have no effect on other Harris Corporation plants in Ireland, said their spokesman.
Elsewhere in North of Ireland, the number of people officially listed as unemployed in the North has increased by 1,000 over the past month.
The jobless figure has risen to almost 54,000 people which is an increase of almost 80% over the past year.
This is the largest annual rise since officials began compiling seasonally-adjusted figures 14 years ago.