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24/08/2001
Further job losses plague tech sector
An electronics firm in Gweedore, County Donegal has become the latest victim of the worldwide technology sector downturn with the loss of 69 jobs.
SMTC Manufacturing Corporation is set to make 69 people redundant while putting most of its remaining 110 employees on a three-day week. The company manufactures network equipment and said the job losses were due to the general downturn in the sector.
The Donegal redundancies came amid confirmation on Thursday that up to 100 staff at Trend Technologies in Clondalkin, Dublin out of a 260-strong workforce would be laid off from Friday August 24.
SMTC is one of the largest employers in the area and the loss of so many jobs is expected to have a major impact on the small Gaeltacht community.
The company was known as Qualtron up until last year when it merged with Toronto-based SMTC. It has been based in Gweedore for eight years.
Since the beginning of the year, more than 4,500 jobs have been lost in the tech sector, and the toll is rising. The IDA said job losses would continue, at both the high and low end of the technology sector, but would be unlikely to be on the scale of the Gateway closure with 900 redundancies. (AMcE)
SMTC Manufacturing Corporation is set to make 69 people redundant while putting most of its remaining 110 employees on a three-day week. The company manufactures network equipment and said the job losses were due to the general downturn in the sector.
The Donegal redundancies came amid confirmation on Thursday that up to 100 staff at Trend Technologies in Clondalkin, Dublin out of a 260-strong workforce would be laid off from Friday August 24.
SMTC is one of the largest employers in the area and the loss of so many jobs is expected to have a major impact on the small Gaeltacht community.
The company was known as Qualtron up until last year when it merged with Toronto-based SMTC. It has been based in Gweedore for eight years.
Since the beginning of the year, more than 4,500 jobs have been lost in the tech sector, and the toll is rising. The IDA said job losses would continue, at both the high and low end of the technology sector, but would be unlikely to be on the scale of the Gateway closure with 900 redundancies. (AMcE)
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