Dairygold warns of huge job cuts

WORKERS in the giant Dairygold Group have been warned they are facing significant job losses over the next three years.

Up to 1,000 workers face redundancy while another 500 jobs will have been sold on or contracted out, in a move the group claim is necessary to prevent financial crisis.

Dairygold faces losses that will have built up to over 26 million in 2007, unless action is taken.