Waterford firm announces 74 redundancies

Wednesday 09 October 2013 14.16
Honeywell Turbo Technologies have announced job losses in Waterford City
Honeywell Turbo Technologies have announced job losses in Waterford City

Staff members at Honeywell Turbo Technologies in Waterford have been told the company is seeking 74 redundancies.

Around 350 people are currently employed at the factory on the IDA industrial estate in Waterford city.

The employees were told this afternoon of the impending job losses, which the company said will be voluntary at the outset.

There will also be shorter hours for some staff, details of which have yet to be agreed.