Effect of lay-offs almost incalculable, says TD

THE knock-on effect of the Dell lay-offs, in terms of unemployment and economic fallout, could be almost incalculable, according to Labour TD for Limerick East, Jan O’Sullivan.

“When the knock-on impact on supplier companies is taken into account, the total job losses will run to many thousand and the economic cost through loss of spending power is almost incalculable. This is a black day for Limerick.

“However, Limerick has recovered from economic blows in the past and I have no doubt that, with the political will and the appropriate supports, we can recover from these losses also,” she said.