Hasbro Ireland to cut 22 jobs - ToyNews

Hasbro Ireland to cut 22 jobs

Firm confirms it will be seeking the redundancies from its core workforce of almost 250 at its Waterford plant.
Publish date:
Social count:

RTE News has reported that the cuts are part of a plan to improve competitiveness and reduce costs.

Pat Gilhooly, head of global manufacturing at Hasbro Ireland, said: 'We regret having to seek these job losses given the current economic climate in Ireland but it is absolutely necessary that we reduce our costs now in order to protect as many as possible of the remaining jobs at the Waterford plant.

"The competitiveness measures we are seeking are necessary due to the imbalance between costs in Ireland and in the countries in which our products are sold. The continued weakness of the US dollar has also had a negative impact on our competitiveness.

"The redundancies we are now seeking are designed to align the core workforce with the anticipated level of market demand during the off-peak period and avoid short-time working as happened in the early part of this year."

The firm is hoping to implement the redundancies on a voluntary basis. A competitive redundancy package will be on offer for employees who fit the selection criteria.


Featured Jobs

Gameplan Job Logo 620 x 349

Sales Director UK

Our client is a well established privately owned UK toy manufacturer which has won numerous awards for outstandingly innovative toys, gifts and gadgets. A correspondingly outstanding and talented UK Sales Director is to be recruited who has the potential, the will, the drive and the ambition to advance to a higher position within a few years.

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.