Number of jobs to be lost at Gartan Technologies, Letterkenny

A number of jobs are to be lost at Letterkenny based company Gartan Technologies as part of a restructure of the business.
In a statement, the company says it has decided to sever ties with its US partner following a significant investment in 2017/2018 which has resulted in a restructure of its business and a reduction in work force.
In a statement issued to Highland Radio News today, Gartan Technologies confirmed that a number of jobs are to be lost with 30% of its Letterkenny workforce said to be impacted.
The company says they have decided to sever its ties with its US partner due to a lack of traction in the market following a significant investment made in 2017/2018 to expand business there which has not produced the expected growth.
This they say has resulted in a restructure of its business and reduction in workforce.
The company is currently conducting a consultation process with staff with the aim of retaining 70% of its Letterkenny workforce.
Malachi Eastwood, CEO of Gartan Technologies says the reduction in size of the company means they can now move forward confidently to service existing clients in the Uk, Ireland and Australia.
Statement in Full:
Gartan Technologies severs ties with US partner
Gartan Technologies has decided to sever ties with its US partner due to a lack of traction in
the market. The company made a significant investment in the United States in 2017/2018
to expand its business there, which has not produced the expected growth forecast. As a
result, the company will restructure its business and reduce the work force. The company is
conducting a consultation process with their staff. The aim is to retain 70% of their
Letterkenny workforce whilst continuing to concentrate on key markets in the UK, Ireland
and Australia.
Speaking about the decision, Malachi Eastwood CEO, Gartan Technologies commented, “We
endeavoured to expand our specialised products to emergency services in UK, Ireland,
Australia and more recently in the US. Unfortunately we did not see the same growth in the
US as in other markets, we’ve entered. This has meant that we need to reduce the size of
the company but it will mean that we can move forward confidently to service our existing
clients in UK, Ireland and Australia.”
He added, “it has been a tremendously difficult decision because we have a great team here
in Letterkenny and we will always be indebted to them for their help and support over the
years.”