83 electricians employed by the RSEL company, based in Ennis, Co Clare, are to lose their jobs after a liquidator has been appointed to the company.
The company petitioned the High Court earlier this week to appoint a liquidator, and the company is now in the process of being wound up.
The firm was involved in electrical contracting for large building projects. It also employed 16 FÁS apprentices.
A spokesperson for the liquidator said that the electricians employed by the company were highly skilled and were already being headhunted by other companies.