DELL CLOSING IRELAND PLANT , TO LAYOFF 1,900 EMPLOYEES

[Anonymous]

http://money.cnn.com/news/newsfeeds/articles/djf500/200901080552DOWJONESDJONLINE000466_FORTUNE5.htm
Dell Closing Ireland Plant With Loss Of 1,900 Jobs
DUBLIN–U.S.
computer giant Dell Inc. (DELL) said Thursday it was closing its main
plant in Ireland with the loss of 1,900 jobs and moving production to
Poland.The move is a fresh economic body blow for Ireland, the former
Celtic Tiger that was one of the first euro-zone members to fall into
recession amid the global downturn following last year’s credit
crunch.”Dell will migrate all production of computer systems for
customers in Europe, the Middle East and Africa from Limerick to its
Polish facility and third-party manufacturing partners over the next
year,” Dell said in a statement.Dell, which has been hard-hit by the
economic slowdown and increased competition, announced a major
reorganization of its worldwide operations last month.The Dell factory
in Limerick was set up in 1990 and was one of the jewels in the crown
of Ireland’s so-called Celtic Tiger economy, employing 4,500 people at
its height.

Dell remains Ireland’s biggest exporter, accounting
for 5% of gross domestic product.Sean Corkery, the company’s
vice-president of operations for Europe, the Middle East and Africa,
said of the Limerick closure: “This is a difficult decision, but the
right one for Dell to become even more competitive and deliver greater
value to customers in the region.”Dell said its “Global Innovation
Solutions Center” and other facilities would remain in Limerick despite
the factory’s closure, and it would continue to operate sales and
marketing operations in Dublin.

[Author]

January 14, 2009 at 12:07 PM