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Loss of 38 jobs in Waterford as tool plant to close down

Tool manufacturer Guhring plans to shutter its facility in the city, it was announced today.

UP TO 38 jobs are to be lost in Waterford after an international tool manufacturer announced it will shut down its plant in the city.

The Guhring Group today confirmed plans to close its G-Elit facility over the next two years. It said if the proposals were accepted, the job cuts would likely take effect in two stages. One group of staff would be made redundant in March of next year, with others kept on until January 2013.

Calling the job losses “regrettable”, the German company saidit was proposing to close the factory “following a strategic review of the Group’s operations in Europe”.  It added that staff had been briefed on the plans last week and a consultation process would now begin between management and employees.

In a brief statement, the company said it was “committed to working through proposals with staff respectfully and sensitively”.

Read more: Ex-TalkTalk workers to begin upskilling programme>

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    Mute William O'Shea
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    Oct 17th 2011, 5:50 PM

    Yeah, it’s bad enough everywhere but Waterford seems to be losing out a lot…….. very sad. What’s their TD’s doing???

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    Mute Dick Byrne
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    Oct 17th 2011, 6:00 PM

    Fuck all

    42
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    Mute Trevor Nolan
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    Oct 17th 2011, 5:40 PM

    Jaysus, the Desie is getting a right kicking when it comes to job losses an unemployment…

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    Mute made
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    Oct 17th 2011, 8:02 PM

    I live in Waterford and before the election our local TD’s were on the radio every day telling us what they would do if elected, since the election not a word from any of them bar one. Now that they have their cushy jobs they don’t give a toss just like the rest of the politicians. Disgraceful.

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    Mute Alan Murphy™
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    Oct 17th 2011, 7:12 PM

    IDA upping sticks and moving to Cork was the start.

    Last one out turn off the light.

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    Mute Sue McDonagh
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    Oct 17th 2011, 9:05 PM

    Sadly, the only activity at the Waterford IDA is dog walking (or the GATSO van) !

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    Mute Andrew Bernos
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    Oct 17th 2011, 9:32 PM

    Yup we’ve ‘turned the corner’ with things improving. Whatever. The Southeast is always forgotten about. I feel for my fellow Waterfordians affected by this. Something needs to be done. Is Halligan making his presence known anymore?

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    Mute John Ralph
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    Oct 17th 2011, 8:44 PM

    Definitely a challenging era when it comes to owning a business in Waterford….

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    Mute James Doyle
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    Oct 18th 2011, 6:08 AM

    Abb,Waterford crystal,Waterford Stanley,ivax/teva,talk talk,Waterford shared the biggest port in Ireland with Dublin,that’s gone,Waterford has been screwed over by this the government and the Ida over the last few years,a disgrace

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    Mute Aoife Quinn
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    Oct 17th 2011, 11:08 PM

    I work in recruitment and I’ve been receiving countless amounts of CVs from Waterford since the announcement on talktalk. This is terrible news…

    6
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