Shannon Chamber Braces Itself for More Job Losses

Businesses in Shannon are expecting more bad news for local jobs until the banking crisis is resolved.

The latest news of 80 redundancies at Technotree and 50 job cuts at GE Money have lead to fears that unemployment is spiralling out of control and Shannon Chamber of Commerce expects more to come.


Director Edmund Jennings says businesses in the Industrial estates around Shannon are hoping NAMA or some government action on the banks make a difference