Some 167 people are to lose their jobs at Modus Media in north Dublin as the company, which manufactures manuals for the computer industry, says the business is no longer sustainable.
The company blamed the closure on a downturn in the printing industry, particularly led by the technology sector of the business and the rise in the use of CD-ROMs over print manuals.
US outsourcing company Modus Media also has facilities in Swords, Limerick and Kildare where it employs over 450 people. However, it is understood that these jobs will not be affected by the latest announcement.
The company provides business service for other companies in areas such as logistics and call centres, with clients primarily in the technology sector.
By John Kennedy