Tough week for local jobs
There are tough times ahead for those employed at three well-known employers as it emerged that they have come in to difficulty.
Aramount Furniture, which has an outlet in Limerick, announced that it was entering into interim examinership. KPMG has been appointed as examiners to the company. A statement released to the media states that the company continues to trade during this period. The economic downturn and fall in consumer demand are being blamed for the company’s difficulties.
Tom Hogan Motors, which has an outlet in Shannon and employs 150 people in it’s three outlets in Clare, Galway and Tipperary, has entered into voluntary liquidation with the loss of all jobs. An “extraordinary economic climate” is being cited as the reason for the winding up of the company. Those who purchased vehicles from the chain are assured that they would still be covered by warranties.
40 jobs at SuperValue at Watch House Cross are in danger of being lost if a new owner cannot be found for the shop. The Limerick Leader website reports however that there have been expressions of interest in the store. click.
The Central Statistics Office is due to release it’s monthly report on Live register figures next week.