ALMOST 400 people were last night resigned to joining ever-increasing dole queuesas two factories laid off staff because of Ireland’s spiralling costs.

Teva Pharmaceuticals has announced 315 jobs are to go at its plant in Waterford.

There are fears of job losses at a major pharmaceutical firm in Waterford.

WATERFORD received a much-needed employment boost yesterday when a pharmaceuticals company announced it will be creating 165 jobs over the next five years.

Wall Street waffled before finishing lower today as oil prices also see-sawed and traders weighed lacklustre earnings from Xerox Corp against a surge in housing prices.