Limerick-based medical device maker Cook Medical to cut 500 jobs worldwide

Employees with Cook Medical across the globe, including the approximately 900 staff working at the firm in Ireland, received a memo informing them about the planned layoffs.

Bill Doherty, executive vice-president, EMEA, with Cook Medical in Limerick.

Limerick based-medical device manufacturer Cook Medical said it plans to cut 500 jobs, or 4% of its global workforce, following other multinationals who have slimmed down headcount amid a challenging economic environment.

The company said that the decision is a “difficult step” for its “strategic success”.