Kerry company Fexco plans to cut at least 150 staff due to coronavirus

Much of Fexco’s business is dependent on the travel sector which has been devastated by the Covid-19 pandemic.

Financial services company Fexco is set cut its workforce by at least 150 people due to the impact of Covid-19 on the international travel industry.

The company employs approximately 1,000 people, most of whom are located in the company's headquarters in Killorglin, Co Kerry.