ALMOST 800 jobs are to go at a firm owned by US giant Caterpillar by the end of this year -- while another 400 could be at risk in two years' time.
FG Wilson in Co Antrim said it was facing falling demand for its generators as a result of the eurozone crisis and global economic uncertainty.
While 760 jobs will go by the end of this year, it's understood another 400 posts have been put at risk by plans to move 70pc of its small generator set manufacture to China by 2014.
Caterpillar said it would "release" 760 FG Wilson agency workers and salaried employees by the end of the year.
Around 170 agency workers have already left.
A separate cut of 160 agency jobs was announced in June.
The losses are spread around its four sites in Larne, Belfast, Monkstown and Springvale.
Northern Enterprise Minister Arlene Foster said the announcement was "devastating news".
FG Wilson operations director Robert Kennedy said the cuts were as a result of falling demand.