Cllr Barney Fitzpatrick stated: “I am extremely worried about the impact this news will have on the local economy in Coleraine.
“This announcement is a real bodyblow to the town. The knock-on effects of such a potential loss of employment would be devastating for the wider area.
“Given that Christmas is fast approaching, this news could not have come at a worse time for those who may be affected. We need to see the relevant Stormont Ministers doing all they can to maintain these posts and put in place support to minimise the problems facing employees.”