THERE is devastating news in West Limerick this Friday after it emerged around 140 jobs are to be lost at Kostal in Abbeyfeale.
It comes as the car parts manufacturer plans to move part of its operations to China later this year.
Staff were given the information of the redundancies at a meeting on Thursday evening and Kostal confirmed the news this Friday morning.
“Kostal Automobil Elektrik can confirm that it has informed employees today that it has taken the difficult decision to restructure its Irish operations in Limerick. Regrettably, this will result in the loss of 140 jobs at its manufacturing site in Abbeyfeale, by the end of 2026,” a…