The Midwest is facing a significant setback to employment this evening, with hundreds of jobs lost and hundreds more at risk.
The software development company Thomson Scientific has confirmed that it is to cut 200 jobs from its workforce in Limerick.
The company said that after a 30-day period of consultation with employees, it has decided that 200 positions will be declared redundant.
It is expected the redundancies will be completed within 18 months.
Last month the company said it was transferring some of its operations to India, in order to cut costs.
The company is involved in developing software for the legal, financial services, science and healthcare sectors.
Meanwhile, the Government says it will do all it can to help after fears have been expressed about the future of the Proctor and Gamble cosmetics manufacturing plant in Nenagh, Co Tipperary, which employs over 500 workers.
Govt will aid workers - Martin
Workers were told to go home today and to go to a meeting tomorrow to hear the company's plans for the future.
The company has been reviewing its global operations, with the view to closing at least one of its plants.
The Minister for Enterprise, Trade and Employment Micheál Martin said the Government would do what it could to support the company and the workers.
Independent councillor Jim Ryan, who is also Mayor of North Tipperary, said there have been a number of rumours in recent weeks about the future of the plant and it is a very worrying time for workers.
The Proctor and Gamble plant has been in business in Nenagh for the past 25 years and has been the town's biggest employer.
The company manufactures the Oil of Olay and Hugo Boss ranges as well as a wide range of other cosmetics and toiletries.
- News At One: Micheál Martin, Minister for Enterprise, Trade & Employment, discusses concern over 600 jobs at the Procter and Gamble cosmetics plant in the town
- News At One: Labour Senator Kathleen O'Meara, who is based in Nenagh, Co Tipperary, says there is an air of anxiety about the jobs at the plant ahead of a briefing for workers tomorrow morning
- News At One: Tom Moylan, Fine Gael Councillor and Mayor of Nenagh, says rumours of job cuts have been circulating amid the company's global review but there will be no definitive news until tomorrow
- Nine News: Cathy Halloran, Mid-West Correspondent, reports that 500 jobs are on the line in Nenagh, Co Tipperary, and 200 jobs will be lost in Limerick
- Six One News: Cathy Halloran, Mid-West Correspondent, reports on fears over more than 500 jobs at the Procter & Gamble cosmetics plant in Nenagh, Co Tipperary, ahead of an announcement tomorrow
- Six One News: Tomás Ó Mainnín reports that Thompson Scientific has confirmed it is moving most of its operations from Limerick to India in a cost-saving plan that will result in the loss of 200 jobs
- Six One News: Cathy Halloran reports live from Nenagh, Co Tipperary, where workers are awaiting news on the future of their jobs at the cosmetics factory
- Six One News: Cllr Tom Moylan, Mayor of Nenagh, says local people are remaining positive ahead of tomorrow's announcement which is expected to give news on the future of 500 jobs in the town
- One News: Cathy Halloran, Mid-West Correspondent, reports that 600 jobs are under threat at the Proctor and Gamble plant in Nenagh
