Report: Fexco to shed 60 jobs in Kerry

Fexco has refused to comment on rumours that it plans to let go 60 staff from its centre in Cahersiveen, Co. Kerry.

Radio Kerry News has learned that job losses from the financial services company will take effect from next April and May.

The company, which has its headquarters in Killorglin, employs around 800 people in Kerry.

Fexco is one of the county's largest employers and since its establishment 30 years ago, has become a global player in the financial services industry.

Recently, it completed the acquisition of Goodbody Stockbrokers from AIB.