200 jobs to go at Nortel plant
Telecommunications giant Nortel is to shed 200 jobs at its factory in Co Antrim, it was announced today.
The workforce at the company’s Monkstown plant - which currently employs around 1,000 people - were told of the decision this afternoon.
The job cuts follow an announcement by the company last month that it was making 2,000 workers redundant worldwide in an effort to get back into profit.
A spokesman for the company said management at the Monkstown plant would be talking to staff to minimise the impact of the move, with all 200 jobs expected to be gone by September.
The axed jobs are believed to be in the company’s research and development division, its customer care unit and among supply chain personnel.
More than 1,000 jobs have been cut at the plant in the last two years as a result of the global downturn in the technology sector.
The plant produces infrastructure equipment for telecommunications networks and has been a market leader in the provision of fibre optics.
The Monkstown factory is Nortel’s largest optical systems house in Europe. Last year the company won the Northern Ireland Exporter of the Year Award.
