Ireland’s largest privately-owned transport company, College Freight, has announced it has decided to cease trading, with almost 400 people set to lose their jobs.
The firm operates as Target Express and employs 390 staff.
Target Express was started by County Fermanagh man Seamus McBrien, and had depots in Northern Ireland, the Republic of Ireland and England.
Workers have begun sit-ins at its depots in Cork, Limerick and Carlow.
Spokesman Tom Cullen said that the workers only became aware of the company’s financial situation in media reports overnight.
“We knew something was in the pipeline when our wages were not paid Saturday but we gave them the benefit of the doubt, then out of nowhere we hear on the news they are in talks with Inland Revenue,” he said.
via BBC News – Target Express: 390 jobs to go as firm ceases trading.
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