City braces itself for jobs loss bombshell

GALWAYWAS braced today for a major pre-Christmas jobs bombshell with the possible loss of all 500 jobs at the Mervue-based Abbott Vascular Devices.Staff were to meet senior management this afternoon at which the shock news was to be confirmed.Abbott Vascular Devices, which was established in the Mervue Business Park five years ago, will bear the brunt of jobs cuts in this country although there are likely to be other losses at some of the company’s other plants around the world as well.Abbott has 65,000 employees worldwide, and has had Irish operations for over 60 years. It has over 3,400…..