Further layoffs likely at multinational companies

US multinationals highlight the need to keep the 12.5 per cent corporation tax rate and say ratification of the Lisbon Treaty is vital for Ireland’s future

21st February, 2009

Eight weeks gone in 2009 and it has already been a sobering year for employees at many of Ireland’s major multinational employers.

Computer maker Dell set the mood in the first week of the year, announcing plans to move manufacturing from Limerick to its plant in Poland and to other low cost countries. Some 1,900 people will lose their jobs at Dell in Limerick over the course of this year - by far the...

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