45 jobs lost in Tralee after firm goes into receivership

Forty-five jobs have been lost at Kerry company Altobridge which had been recognised globally as a technology pioneer, particularly in the use of mobile phones.

The Tralee-based company went into receivership on Friday and workers were laid off yesterday. The company employs 130 globally and all will lose their jobs, it is understood.

Receiver Jim Luby, of McStay Luby chartered accountants, said the company did not have funds to continue trading and he hoped to find a buyer who may save some of the jobs.