MANUFACTURING COMPANY DIAMOND Innovations is to close its Dublin operations by the end of September this year, resulting in the loss of 79 jobs.
The firm announced its decision today following a strategic review. It said it wants to consolidate all Dublin-based production into its Ohio headquarters in the US.
The Clonshaugh Business Park facility currently employs 79 people. A 30-day period of discussion and consultation with employees and unions has commenced.
President of the firm Mark Schweizer paid tribute to the Irish staff. He said that management was aware of the impact the move would have on workers, adding that the company would “endeavour to provide support and assistance to all affected employees over the next few weeks and months”.
Diamond Innovations has been in operation in Ireland since 1981 and is a subsidiary of Sandvik AB.
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