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The corporations Motorola, BUPA and FCI have all made or implemented plans to leave the Irish market. This has come as a great shock, considering that Motorola’s withdrawal alone will leave up to 350 jobless. The US-based telecommunications giant has a plant in Cork.
The news shocked senior level officials and statesmen as well. This company has operated on the Irish market for a quarter of a century. What is even worse, the Cork branch is involved with software development and employs highly qualified staff.
Motorola also has plans to shut down its plant in Mahon. If both facilities are closed down a total of 900 people will be left without work.
BUPA, a major health insurance corporation, plans to close down its branch in Fermoy. 300 jobs will be lost in result. French electronics corporation FCI has confirmed the news that it will shut down its branch in Cork. Production will be transferred to India. 240 jobs in Ireland will be lost.