400 job losses blamed on falling demand

FALLING demand has been blamed for the announcement of up to 400 manufacturing and motoring job losses yesterday.

Cadbury Ireland said it is to make 200 of its 1,100 staff redundant as part of a cost reduction plan.

“Like many other export businesses Cadbury Ireland is operating in a difficult trading environment,” it said in a statement last night. “The generally high cost of manufacturing in Ireland has been further exposed by recent currency movements, and this loss of competitiveness has led to a decline in export demand.