Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I share the Deputy's concern about the potential loss of jobs. I am advised by Enterprise Ireland that the company announced the news to its staff last Friday and also the possibility of winding down the operation in Arklow in January. The company is considering relocating operations to its headquarters in Germany. The statutory 30-day redundancy consultation period commenced on 8 November. Enterprise Ireland continues to engage actively with the company ion its future plans and has confirmed that it is scheduled to meet company management in the coming week. The company has confirmed that it will look at all options and that this is the first in a series of consultations scheduled to take place with staff, with a further meeting scheduled to take place on 20 November. The Minister for Employment Affairs and Social Protection, Deputy Regina Doherty, is aware of the situation. We will make sure every State support is made available to the employees, if needed.

See this speech in context