No major job cuts expected at Boston Scientific's Irish operations

Wednesday 30 January 2013 15.14
Boston Scientific says "highly unlikely" that there will be significant job losses in Ireland
Boston Scientific says "highly unlikely" that there will be significant job losses in Ireland

Boston Scientific has said it is "highly unlikely" that there will be significant job losses in Ireland, after the company yesterday announced plans for up to 1,000 redundancies globally.

A spokesman said the medical device company had a deep history and partnership with Irish employees.

He added that the firm was fully committed to its operations at several locations around the country.

4,900 people are employed at the firm's four sites in Galway, Cork, Clonmel in Co Tipperary and Letterkenny in Co Donegal.

The company's Irish operations are said to be performing well on both the research and development and manufacturing fronts.

Boston Scientific said the additional redundancies will come from business units and geographical areas that are not performing as "satisfactorily as expected".

While the company will not rule out some lay-offs here, it said that operations in other countries will be looked at "more closely" than those in Ireland.

Yesterday the company announced that between 900 and 1,000 positions would be shed on top of an existing restructuring programme, which is due to be completed by the end of the year.

It said no decisions have been made at this time as to where the redundancies will happen.

The company's Irish operations are said to be performing well on both the research and development and manufacturing fronts.

Boston Scientific said the additional redundancies will come from business units and geographical areas that are not performing as "satisfactorily as expected".

While the company will not rule out some lay-offs here, it said that operations in other countries will be looked at "more closely" than those in Ireland.

Yesterday the company announced that between 900 and 1,000 positions would be shed on top of an existing restructuring programme, which is due to be completed by the end of the year.

It said no decisions have been made at this time as to where the redundancies will happen.