US computer parts maker Analog Devices said today it planned to cut 150 jobs at its Limerick operation. The lay-offs will be voluntary.
The global company, which employs 1,250 in Raheen Business Park in Limerick, said it plans to focus on its more advanced facility at this location and will phase out and close one of its facilities.
The semiconducter maker said Limerick continues to play an integral role in Analog Devices' global operations and the operation there remains its manufacturing flagship.
Dennis Dempsey Vice President of the Limerick unit said: ' This is a long-term strategic decision for us as we must continuously assess our manufacturing capability to maintain our leadership position'.
Analog Devices, established in Ireland in 1977, and employs around 9,000 people around the world.