Up to 15 jobs to go at Londonderry firm: Maydown Precision Engineering facing redundancies following takeover
Up to 15 jobs are set to go at a Londonderry engineering firm just three weeks after it was taken over.
Maydown Precision Engineering (MPE) was acquired by Waterford firm Schivo for an undisclosed sum after entering administration.
It current employs 133 staff and will continue to be based at its Maydown manufacturing facility.
But between 10 and 15 staff are now facing redundancy as the firm intends on slimming down its workforce.
Operations manager Bosco Kelly told the Belfast Telegraph there would potentially be "between 10 to 20" workers facing redundancy in order to secure the rest of the workforce.
There had been fears from the union Unite that further jobs could be lost.
It said its members at Maydown Precision Engineering were issued with letters this week warning of possible redundancies.
But Mr Kelly said the statement from Unite put the firm in a bad light and was "irresponsible.
The expanded Schivo group will now employ more than 360 people and have a significant presence within the medical technologies, aerospace, and the oil and gas sectors.