Stryker Corp. (NYSE: SYK ) is cutting about 6 percent of its workforce in Ireland, according to news reports out of the Emerald Isle.
The RTE News service said the company will be consolidating two plants in the town of Carrigtwohill in the northeast section of the country, resulting in about 142 layoffs. Announcements were made in a series of meetings at the facilities, according to the news service.
Citing Stryker sources, RTE said the two plants will be consolidated into one during the next four years. The company employs about 700 people in the two County Cork facilities and hopes to re-hire some of the positions that will be cut.
In total, Stryker has about 2000 employees in Ireland.