Belfast’s troubled Harland and Wolff shipyard has confirmed plans to make redundant 265 core workers – more than two thirds of the workforce.
The move, which will reduce the workers to just 121 by mid-January, effectively means the end of shipbuilding in the yard.
Management met trade union representatives to give them the news today. The 386 workers were then given details of their fate at a mass meeting.
A statement from the shipyard said they had entered into formal consultation with trade union officials in connection with issuing 90-day protective notice of intention to effect a redundancy programme covering 197 operators and 68 staff.
It was the intention to have the workforce reductions completed by mid-January 2003, the yard said.