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100 jobs under threat at factory | 100 jobs under threat at factory |
(9 minutes later) | |
Almost 100 jobs are under threat at a pie factory in Portadown, it has emerged. | Almost 100 jobs are under threat at a pie factory in Portadown, it has emerged. |
The Kerry Group has a begun a "formal consultation" with employees at its Denny factory over the transfer of production. | The Kerry Group has a begun a "formal consultation" with employees at its Denny factory over the transfer of production. |
Meanwhile, Belfast-based financial company ClearCo has announced it is close with the loss of 40 jobs. | |
Employees are to be offered a role in the banks' clearing operations in Dublin or a severance package. | |
Sales and marketing operations at the Denny factory are not to be affected by "consolidation" at two factories in England - Poole in Dorset and Burton-on-Trent. | |
Frank Hayes, Kerry Group's director for corporate affairs, said: "Regrettably, the business environment has become extremely competitive, particularly over the last 12 months. | Frank Hayes, Kerry Group's director for corporate affairs, said: "Regrettably, the business environment has become extremely competitive, particularly over the last 12 months. |
"And we now believe that following a review of the business, that the best outcome is actually to consolidate production of our savoury products onto two larger sites in the mainland UK." | "And we now believe that following a review of the business, that the best outcome is actually to consolidate production of our savoury products onto two larger sites in the mainland UK." |
It is understood that production is to cease at Corcrain Road in Portadown at the end of April. | |
Some staff may be offered redeployment, but there are expected to be up to 94 redundancies. | Some staff may be offered redeployment, but there are expected to be up to 94 redundancies. |
The Kerry Group employs a total of 700 people at several sites across Northern Ireland. | The Kerry Group employs a total of 700 people at several sites across Northern Ireland. |