Feeds

NEC to shutter Co. Meath chip plant

350 pairs of eyes ain't smiling

Build a business case: developing custom apps

Updated NEC has confirmed it is to close its Ballivor, Co. Meath semiconductor plant at the end of September with the loss of 350 jobs. The chip maker blamed the move on the plant's "high operating costs".

As reported earlier today by The Register, staff at the facility were alerted to the possibility of redundancies this afternoon when management called a surprise mass meeting.

All staff - including workers on shift in the factory and employees on sick leave - were called to the crunch meeting at 4pm today, to discuss the future of the business.

NEC's Ballivor operation opened in 1976 with backing from the Irish Development Agency. It was one of the county's largest employers, making chips for the European car industry. The Japanese giant has been stepping-up cost-cutting measures in the wake of last year's profits slump.

The company has initiated discussions with employee representatives and state agencies on compensation packages. NEC Ireland MD Kenji Yamashiro said: "Our immediate concern is the welfare of our employees, and we will do everything we can to make this transition as easy as possible for them." ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Broadband slow and expensive? Blame Telstra says CloudFlare
Won't peer, will gouge for Internet transit
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?