138 jobs are to be lost at the Cork Electronics company, Hörmann electronics. The company has gone into receivership just one week after the receivers David Gilbert from BDO Stoy Hayward in London and Liam Dowdall from BDO Simpson Xavier in Dublin were appointed. 117 staff have been been left go on Friday morning while the rest will remain until the end of the month.
The receivers said that there will be a redundancy package, but the details were not available at the time to be disclosed.
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