Wavin NV, Europe's biggest maker of plastic pipes for sewers, plans to cut an additional 200 jobs in the UK as fewer construction works are carried out.
The move will lead to about €6.5 million ($9.5 million) in annual savings, according to an statement from the Netherlands-based company. Wavin will book an €8.5 million charge before tax in the second half.
The planned layoffs come on top of about 100 job cuts in the UK and Ireland announced in March.
The company employed 198 people in Ireland in March when it announced its plans to cut 50 jobs from its workforce. Its main plant is based at at Balbriggan in north Co Dublin.
Bloomberg