Fears growing for 150 jobs at leading electronics firm
FEARS are mounting over the future of up to 150 jobs at a leading US electronics plant.
Sanmina-SCI declined to comment yesterday on reports the firm is set to seek between 100 and 150 lay-offs from their manufacturing facility at Fermoy in north Cork.
The firm, which employs almost 400 staff at the plant, has been badly hit by the global recession. Early last year, some 150 contract staff were let go.
Over recent months, elements of the workforce have been operating on short-time; working three weeks followed by one week of unpaid leave.
A further 30 workers were also temporarily laid-off earlier this year.
The Irish Independent understands that the problems of the global recession and falling sales on Sanmina-SCI's key markets have been further exacerbated by the spiralling price on worldwide markets of some of their raw materials.
Cork TD Sean Sherlock (Lab) warned that any Sanmina-SCI job losses would be "a terrible economic body-blow" for both the town and region.
"This firm has been a crucial employer in the area," he said.
"Sanmina was supposed to be one of the firms that we had been told would be able to help us through any global economic downturn because of their value-added, cutting-edge manufacturing technology.
"Firms like this are a vital alternative to the agri-food based jobs that the area had traditionally depended upon."
Fermoy has already lost several high-profile industrial and commercial employers. FCI shut their local plant four years ago while QuinnHealthcare moved to Little Island last year.
Meanwhile, retail giant Argos yesterday launched its Christmas recruitment drive as it looks to hire 700 part-time staff in the run up to the festive period.