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Worries of Molex job losses mount

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Management at Molex Shannon have called staff to a meeting this afternoon (Tuesday) with hundreds of jobs feared to be on the line.

Molex is one of Clare’s largest employers with a workforce in excess of 400. Concerns have been raised since notification of the meeting was issued to staff. A spokesperson confirmed that a meeting was taking place today but would not comment on what was to be discussed.

In January 2009, 100 redundancies were sought with a five percent pay cut also issued as the company experienced a drop in demand for its products. Based in the Shannon Free Zone since 1971, the US multinational makes a range of electronic components for use in a variety of industries such as consumer electronics and data communications.

Páraic McMahon is Head of News & Sport with The Clare Echo. The Newmarket-on-Fergus native also writes for national papers including The Irish Examiner, The Irish Independent and The Irish Times along with doing work for RTÉ, Today FM, TheJournal.ie and The42.ie. A graduate of Mary Immaculate College, Páraic was previously employed by The Clare Herald and Clare FM. If you have a story, tip or some feedback for him then send an email to - paraic@clareecho.ie

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