This article is from page 1 of the 2010-02-16 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 1 JPG
OVER a thousand workers lost their jobs on the Shannon Free Zone last year, according to figures released by Shannon Development yesterday.
At the Shannon agency’s end of year briefing in Limerick, chief ex- ecutive Dr Vincent Cunnane said that net job losses on the Free Zone amounted to 787 after the creation of 260 new jobs was factored in.
The 11 per cent drop reduces the number of people employed on the Free Zone to 6,320 with job losses at Element Six and Molex accounting for much of the decline.
Dr Cunnane defended Shannon De- velopment’s record on the Free Zone, stating that the figures were “on a par with what happened nationally with the IDA last year”.