Realistbear Posted March 3, 2006 Share Posted March 3, 2006 http://www.bizplus.ie/news/1366 More Job Losses Announced For Economy 03/03/06: Up to 135 job losses have been announced in Dublin, Mayo and Monaghan Communications systems manufacturer PCDEL has announced that it is closing its plant in Finglas, north Dublin with the loss of 81 jobs The parent company, based in Chicago, said the company's financial losses are now at an unacceptable level. Plans are now underway to transfer the technology operation to Eastern Europe. Meanwhile, 40 jobs are to be lost at the Oasis Watercoolers manufacturing plant in Ballina, Co Mayo. Also, 14 jobs are also going at the meat and sausage processors Feldhues in Clones, Co Monaghan. "From small beginnings great things flow" (Bell E. Upp) Quote Link to comment Share on other sites More sharing options...
Ah-so Posted March 3, 2006 Share Posted March 3, 2006 135 job losses? The country is doomed. Particularly concerning is the 14 jobs lost in Clones - the knock on for the local economy will be dreadful. Unless they go and get one of the 1,500 new Amazon jobs in Cork. Quote Link to comment Share on other sites More sharing options...
Flash Posted March 3, 2006 Share Posted March 3, 2006 You have to remember that Ireland is population of just over 4m people. Therefore, to get a sense of perspective in UK terms, multiply each figure by 15. Cork is winning some impressive investment - Amazon coming on the back of Amgen and others. It's a shame that there's not more Irish homegrown success from the Celtic Tiger. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted March 3, 2006 Author Share Posted March 3, 2006 135 job losses? The country is doomed. Particularly concerning is the 14 jobs lost in Clones - the knock on for the local economy will be dreadful. Unless they go and get one of the 1,500 new Amazon jobs in Cork. Before a hurricane hits it begins with a gentle breeze followed by some light showers as more windy conditions build. The clouds start to darken and wind speeds increase to where you can hear the whistling noise as it passes through trees and over roof tops. The gathering storm turns everything darker and the gentle breeze becomes a gale with howling winds starting to pick up debris and bend trees. Then hell starts to break loose as the devastating force of nature's full power unleashes itself mercilessly. If you are lucky enough to survive you will survey the terrible aftermath and think to yourself "if only I had seen signs of it coming....." We can't expect the HPC to begin as a hurricane. But watch for the beginning signs, they won't be much more than a few factory closures here and there, slight upticks in unemployment, a little hesitancy in buying that house, a few thoughts about "what if". Quote Link to comment Share on other sites More sharing options...
HPCheese Posted March 3, 2006 Share Posted March 3, 2006 Cork is winning some impressive investment - Amazon coming on the back of Amgen and others. It's a shame that there's not more Irish homegrown success from the Celtic Tiger. Just no more exports like this please. Quote Link to comment Share on other sites More sharing options...
Michael Posted March 3, 2006 Share Posted March 3, 2006 (edited) Ireland's recent economic success is thanks mainly to direct investment from the US......... In the late 90s Ireland with 1% of the EU's population was receiving 50% of American direct investment (building factories, offices etc) in the EU! EU aid and ..............money invested in the education system 20 years earlier also helped..........but the attraction of Ireland which 10 years ago had a large pool of educated underemployed and unemployed workers must be waning....For starters housing is expensive......and a much cheaper pool of labour in the East eg Poland, the Baltic states, Czech Rep etc and has come on tap.... Edited March 3, 2006 by Michael Quote Link to comment Share on other sites More sharing options...
newbie Posted March 3, 2006 Share Posted March 3, 2006 Just no more exports like this please. There's seems to be a house going up in flames on that poster. Is it trying to suggest something? Actually, on a closer inspection it looks like it's a central bank going up in flames. Quote Link to comment Share on other sites More sharing options...
needle Posted March 3, 2006 Share Posted March 3, 2006 135 job losses? The country is doomed. Particularly concerning is the 14 jobs lost in Clones - the knock on for the local economy will be dreadful. Unless they go and get one of the 1,500 new Amazon jobs in Cork. So you think it a good thing that manufacturing jobs are being lost? Your solution is that people get a customer service position 150 miles from where they live? Brilliant. Do you have a chip on your shoulder because you occupy one of the non-jobs created by the yanks so they can launder, sorry recycle, their profits at a lower tax rate? Yer a f d1ckhead and ye cant see the wood for the trees. The country is doomed and all it requires is coked-up customer service agents (Client excutives? Customer champions?) like yerself to cheer it over the edge. Keep up the sarcasm....it makes the world go round. Quote Link to comment Share on other sites More sharing options...
CrashCrash Posted March 3, 2006 Share Posted March 3, 2006 Ireland's recent economic success is thanks mainly to direct investment from the US......... In the late 90s Ireland with 1% of the EU's population was receiving 50% of American direct investment (building factories, offices etc) in the EU! EU aid and ..............money invested in the education system 20 years earlier also helped..........but the attraction of Ireland which 10 years ago had a large pool of educated underemployed and unemployed workers must be waning....For starters housing is expensive......and a much cheaper pool of labour in the East eg Poland, the Baltic states, Czech Rep etc and has come on tap.... In other words Eastern Europe is Ireland 10years ago for investment. Quote Link to comment Share on other sites More sharing options...
TW11 Posted March 3, 2006 Share Posted March 3, 2006 There's been a hell of a lot of investment in Ireland from the US. I think the Intel site is the biggest Industrial site in Ireland now. But recently Intel announced their new facilities would be built in China and Vietnam. AMD, Intel's biggest competitor is building a $3bn facility in India. The company I work for lost some business when IBM closed part of it's plant in Blanchardstown last year. It had only been there a few years. I think exposing yourself to American investment - particularly the high tech sector is quite risky. The Americans really are hire and fire. Quote Link to comment Share on other sites More sharing options...
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