Company/Organisation:
Sports Sock Company
Geographic Location
Country:
Ireland
Region:
South-West (IRL); Southern and Eastern
Company
Sector:
Manufacturing
Manufacture of textiles, apparel, leather and related products
13 - Manufacture of textiles
Number Employed:
300
Group:
Kellwood
Employment Effects
Announcement Date:
25-08-2003
Planned Job Reductions min:
147
Planned Job Reductions max:
147
Type of Restructuring:
Internal restructuring
Foreseen End Date:
01-09-2003
Direct Dismissals:
147
Additional Information
Sports Sock was taken over by US multinational Kellwood last year. The company said ongoing unsustainable businesses losses due to reduced customer demand and increased costs, were to blame for the decision (147 job reductions).
Sources:
26-08-2003The Irish Independent