An outdoor activity and retreat centre near Ballybunion, Co Kerry is set to close with the loss of 29 jobs.
The closure of the Ballyloughran Centre, which is owned and run by the Limerick Youth Service, is being blamed on financial difficulties.
The centre has 17 full-time and 12 part-time staff.
In a statement, Limerick Youth Centre said it had examined a number of options in an attempt to secure its future.
¿Regrettably, given the financial losses incurred on a sustained basis, it has been decided to close the Centre. The date of closure has yet to be finalised. In implementing this difficult decision, management, in discharging its statutory
obligations, have contacted employee representatives with a view to entering into collective consultation over the coming weeks on how best to wind down operations.¿
It said it hoped to reopen the centre ¿in a more favourable economic climate¿.