Ferris Expresses Regret on Further Job Losses
The Sinn Féin TD for North Kerry Martin Ferris has expressed his regret over the loss of 200 jobs at Kostal in Abbeyfeale and a further 100 at its Mallow plant. The firm is seeking voluntary redundancies out of its 1,000 strong force otherwise it will shed the 300 jobs.
Deputy Ferris said: "This announcement comes as a further blow to the region which has suffered huge job losses over the past year or so. This latest announcement underlines the serious nature of the crisis and the urgent need for the Government to take immediate measures, similar to those it has in relation to the banking sector, in order to redress the situation." ENDS