Engineer firm set to cut 74 jobs

One of the country’s unemployment blackspots suffered another blow yesterday with news that a multinational engineering firm is to shed 74 jobs, some of which may come about by compulsory redundancy.

Staff at Honeywell Turbo Technologies in Waterford City’s IDA industrial estate were told at lunchtime yesterday that the company wants to implement the redundancies in the coming months, along with short-time work for some other employees.

Some of the redundancies will be compulsory if enough workers don’t avail of a voluntary programme in the first phase of the process, a company spokesman said.