News
Up to 200 job losses at Kerry companies
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By Michelle Crean
Up to 200 jobs have become the victim of COVID-19 fallout with job losses in Killarney, Killorglin and further afield in the county.
News was announced this week that 87 jobs are to go in Jam Café, which has an outlet in Old Market Lane in the town, Kenmare and Cork, while Killorglin company FEXCO is to cut its workforce in Ireland by at least 150 people, with many of the job losses believed to be hit locally.
It’s understood that staff are also being asked to take a 15 percent cut under a voluntary redundancy scheme by the foreign exchange and global finance company.
Kerry Fianna Fáil Councillor Michael Cahill this week expressed his deep disappointment and sadness for FEXCO and its employees following the announcement.
“Employment in FEXCO Killorglin is the life blood of the economy of all of Mid-Kerry and beyond,” he said.
“Families up and down this county are depending on receiving their income from FEXCO and this news will come as a hammer blow. Where I live, everybody knows somebody who works there and many, including myself, have relatives employed there.”
He added that the McCarthy family have been fantastic employers for many years and their loyalty to the area has been unwavering.
“Their contribution to the local economy is unparalleled and I know they will continue in a similar fashion for many years to come, but for now, this is more bad news for this area already devastated by the close down of our Tourism Industry through restrictions necessary because of COVID-19. Hopefully, FEXCO can offer an acceptable redundancy package that will suit enough employees to fill this unwelcome quota. It is more important than ever now, that the IDA and Enterprise Ireland concentrate efforts on creating employment in Mid and South Kerry so that our young people may have a future where they were born and reared.”
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