The President of the Chamber of Commerce in Derry says the announcement this week of 70 job losses at Seagate in Derry points to the need for more infrastructural investment in the North West.
Seagate announced the job losses yesterday at its base in Springtown, citing the need to respond to new demand levels. The company currently employs around 1,400 people.
The company said there would be both voluntary and enforced redundancies.
SDLP leader Colum Eastwood says he will raise the issue in the assembly, and would also seek a meeting with senior management at Seagate.
Chamber President Gavin Killeen says while companies like Seagate are subject to global economic conditions, what’s needed to improve the local economy is significant investment in the Magee Campus of Ulster University, as well as improvement in the road links with Belfast and Dublin………….
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