There’s bad news on the jobs front in Sligo this morning.
Abbott has announced 29 redundancies at its diagnostics plants.
Abbott diagnostics located in Finsilikn, Sligo employs around 400 people. Management at the company informed staff at the plant yesterday that it is seeking 29 voluntary redundancies.
Abbott has entered a consultation process with its employees to reduce some positions at its diagnostic manufacturing and a voluntary redundancy programme is being offered to manufacturing operations and support employees at the site.
A spokesperson for the company says the decision is in response to the decline in volume of AxSYM, a mature diagnostics platform that will be retired from the market.
The action is being taken to align resources with current and projected production demands at the site.
The Sligo facility is currently working on the development of the next generation diagnostic solutions which will come to market within the next few years.
No other Abbott sites in Sligo or in Ireland are impacted by this announcement.
The Mayor of Sligo Rosealeen O' Grady says Abbott has always been an excellent employer in the region.
She says it's sad news that there may be evidence of a decline in the business.