Xsil puts its staff on protective notice

{ "#" : "Xsil, the award-winning technology firm founded by entrepreneur Peter Conlon, has put all its staff on protective notice after a sharp deterioration in the business," , "i" : "writes Gavin Daly."}

13th September, 2008

{ "#" : "Xsil, the award-winning technology firm founded by entrepreneur Peter Conlon, has put all its staff on protective notice after a sharp deterioration in the business," , "i" : "writes Gavin Daly."}

The company’s 44 staff, including senior management, were told this weekend that the firm’s revenues had collapsed and it was facing a liquidity crunch.

Brian Farrell, chief executive of Xsil, said there were ‘‘moves afoot to try to salvage the business’’ and the...

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