Bad day on the jobs front

Dublin- It has been a bad day on the jobs front, with job loss announcements from three separate companies. Kielys Electrical Ltd, a leading Munster retailer of electrical goods, has confirmed that it is to go into voluntary liquidation.
The company employs about 80 people in outlets in Limerick, Killarney, Tralee, Ennis and Newcastlewest. Earlier, Shannon-based technology company announced that it is to close with the loss of 48 jobs. Buffalo Technology Ireland assembles, tests and distributes devices used for storing information.
The company said its Irish business had made losses in the past two years and it was no longer feasible to serve its marketplace from its location in Shannon. Buffalo said the main markets for its products were concentrated in the UK, Germany, Nordic countries and southern Europe, while it was also developing in Eastern Europe and the Middle East. The company said it had started talks with workers on redundancy packages and was also consulting Shannon Development on the closure. And the Woco Irish Rubber Components plant in Carrick-on-Shannon is also reported to be closing down, with the loss of 41 jobs. The plant has been in the Co Leitrim town since the 1970s. Its operations are now being moved to Germany.