Fresh off the news that it was acquiring Orthovita, Kalamazoo, MI-based Stryker Corporation has announced that it is cutting 142 jobs at an Irish facility in Cork. The jobs will be moved to China and Malaysia because of competitiveness and cost issues, the Irish Examiner reports.
"I am assured that the company will be making every effort to support employees including identifying other opportunities within the organisation, offering a redundancy package as well as assistance in the form of training and re-skilling," Minister of State for Research and Innovation Séan Sherlock said, according to the Irish Times. He praised Stryker's plans to offer 60 new jobs in the development and production of new endoscopy products over the next four years.
Stryker employs a total of 2,000 in Ireland between two plants at Carrigtwohill and another in Limerick, according to TheJournal.ie.
A company spokesperson explained there has been a lot change in the global medical devices market, but competitiveness and costs were a factor in the decision, the Examiner reports.
- check out the Irish Times' story
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