Cork electronics plant to shut

Cork (Ireland)- It's been confirmed that an electronics plant in Cork is to close, with the loss of all 138 jobs. Mosts of the workers at Hormann's Electronics are being made redundant today, with the remainder losing their jobs at the end of the month.
A reciever was appointed to the plant last week, after it ran into financial difficulties because of "challenging market conditions". Staff have been told they'll only recieve statutory redundancy payments.