Losses at the Cork-based global operations headquarters of the Option Wireless group continued to mount last year.

LOSSES at Cork-based wireless technology manufacturer Option Wireless narrowed last year to €4.5 million as it slashed the numbers it employed.

OPERATING losses at the Irish arm of wireless technology manufacturer Option Wireless increased 12-fold to €15.75 million in 2009 as the firm’s revenues halved.

TWO firms bucked the employment trend to announce a potential 600 jobs in Cork in separate multi-million-euro investments.