Jabil, the Livingston-based electronics company, is to shut down its manufacturing operations with the loss of about 260 jobs.
The US-owned firm, which has 90 facilities in 23 countries and 175,000 employees worldwide, plans to wind down manufacturing with operations ceasing by the end of this year.
The firm said “unsustainable current and future demand” lay behind the decision but that almost 100 support-based employees will continue to work at the site.
In a statement released on Thursday, the company said: “Following a detailed strategic review of the Jabil Livingston site business plan and future loading requirements, we have concluded that there is unsustainable current and future demand to support the viability of the site.
“After careful consideration of all viable options, we are today announcing the commencement of a formal consultation process with our employees, with the intention of a phased rundown of manufacturing at the site.
“It is anticipated that manufacturing will cease by the end of calendar year 2017. This announcement is set to impact approximately 260 manufacturing employees.”
The statement went on: “This announcement is in no way a reflection of the hard work, dedication and loyalty of our Livingston-based employees.
“We are committed to supporting them throughout the consultation process and subsequent career search.”