West Lothian firm Kaiam calls in Administrators
Staff were sent home on Thursday after being told they may not be paid before Christmas.
There's uncertainty for 300 workers at computer technology firm, Kaiam, after administrators were called in.
The Livingston-based company manufactures parts used for high speed data transfer in data centres.
Staff were sent home on Thursday after being told they may not be paid before Christmas and to prepare for redundancies in the New Year.
On Saturday, KPMG released a statement saying it had been appointed as joint administrator for the firm.
Blair Nimmo, global head of insolvency at KPMG, said: ''This is clearly very upsetting news for all of the staff at KEL, particularly at this time of year.
Our first priority is to meet with the company's employees and communicate what these administration appointments mean for them, which we are aiming to do on Monday afternoon.
KEL has faced challenging trading conditions, which caused the business to experience acute cash flow pressure.
Despite the action of the directors to try to increase sales and attract new investment, the business entered administration.''
He added that work was ongoing to find someone to buy the business.
They are working with Scottish Enterprise, Skills Development Scotland and West Lothian Council to support the company's 338 employees.