Siptu trade union have accepted assurances from Covidien that there will be no redundancies at the Athlone plant before next summer.
Organiser Frank Jones said the timeframe gave the union time to fully explore all possibilities for maintaining the maximum number of jobs at the facility.
“Siptu has entered into a period of negotiation with the company on how voluntary redundancy and early retirement schemes will be advanced,” said Mr Jones.
“Management have assured union representatives that the company is committed to developing the production of higher margin products at its Athlone facility in order to maintain the maximum number of jobs in Ireland into the long term.
“Siptu believes the good working relationship which has been developed between the union and Covidien over many years will be maintained to the advantage of both the company and our members.”