ABP has announced the commencement of a consultation process involving approximately 230 employees, regarding potential redundancies at its cutting and deboning operation in its Waterford facility.
The abattoir is not affected and the facility in Waterford will continue to receive cattle, the business said.
The proposed changes are driven by reduced livestock supply and increasing costs in Ireland.
The group said it will maximise other facilities to maintain its efficiency and competitiveness.
A spokesperson for ABP said: "We understand the impact this announcement may have on our colleagues and their families.
"We are committed to engaging constructively with our employees during this period of consultation.
"ABP remains wholly committed to the farming community, ensuring strong partnerships that sustain the quality of Irish beef," the company spokesperson said.
"We are equally dedicated to supporting our employees and to maintaining the highest standards of service for our customers in Ireland and across international markets," the statement said.
"These values continue to guide our business as we navigate current challenges and plan for a sustainable future," the spokesperson concluded.
This development follows an announcement last month that ABP Linden would cease retail packing at its facility based at Granville Industrial Estate in Dungannon, Co. Tyrone.
A statement issued on January 20 said that the meat processor has entered into "a formal consultation process with 338 colleagues whose jobs are at risk" at the Dungannon site.
That statement had said: "Changes in the UK landscape have led to the difficult but necessary requirement to consolidate and reduce the number of our retail packing facilities situated within the UK, including Northern Ireland.
"Regrettably, therefore, it is our intention to cease retail packing at our ABP Linden retail packing facility based at Granville Industrial Estate in Dungannon," ABP had said
ABP Linden continues to receive and process cattle and sheep, and the jobs at this separate facility, also located within Granville Industrial Estate in Dungannon, are not impacted by the announcement.