Company/Organisation:
Lapple Ireland Limited
Geographic Location
Country:
Ireland
Region:
South-East (IRL); Southern and Eastern
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed:
290
Employment Effects
Announcement Date:
11-08-2003
Planned Job Reductions min:
35
Planned Job Reductions max:
40
Type of Restructuring:
Internal restructuring
Additional Information
The redundancies are voluntary, and severance terms of five and a half weeks pay per year of service have been agreed between management and unions.
Lapple Ireland Ltd manufactures car parts, and management has attributed the job losses to exchange rate fluctuations, increases in indirect costs and low-cost competition from other countries.
Sources:
14-08-2003The Irish Times
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