As part of its European cost cutting operation, troubled PC vendor AST has shrunk its Irish plant, cutting 130 jobs.
At the beginning of December the company warned of forthcoming rationalisation of its European operations. The 430 employees at AST?s Limerick plant heard rumours that one-third would lose their jobs. Today AST confirmed that 130 of its Limerick jobs were made redundant.
AST suggested in December that it would move out of producing in Ireland completely and just leave some services and purchasing presence. Further announcements are expected after the company's ongoing discussions with the Irish Industrial Development Authority (IDA).
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