Unions and management to discuss SRT bombshell

Unions and management at SR Technics are due to meet today following the news that the company has accepted a bid for part of its Dublin operation.

The firm's Swiss owners announced plans to close the facility in February and lay off more than 1,100 workers.

Several hundred staff have already been made redundant and the remainder are scheduled to go by the end of August.

The bid accepted by SR Technics would reportedly save up to 250 of the jobs, but several other bids were being examined and unions had hoped that significantly more positions would be retained.

The Tánaiste, Mary Coughlan, has expressed serious concern about the latest development and says she will continue working with the various agencies of the state and the remaining bidders to maximise work opportunities at SRT.