Further 240 jobs lost as manufacturers feel pinch

THE haemorrhaging of manufacturing employment continued yesterday with almost 240 jobs lost in Limerick, Galway and Kilkenny.

The biggest loss was in Galway where Thermo King, which manufactures temperature control systems for vehicles, announced it was to cut its 600-strong workforce by 110.

“The speed and the impact of the economic slowdown, combined with the decline of the euro against the US dollar is unprecedented,” said company president Ray Pittard.