Not only for those unfortunate enough to be losing their livelihood, but their families and the wider community.
For everyone affected it is a worrying time – will they be able to pay bills to keep a roof over their heads and their families fed will be uppermost in their minds.
Workers will have to explain to their children that spending on so-called luxuries is on hold because mum or dad isn’t in employment.
But that also has a knock-on for other businesses in the area: people don’t have the money to go for nights out or cutback on what they do buy or won’t be popping out to the sandwich shop at break time.
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There is also the impact for contractors who may be employed on a site and suddenly find that source of income has dried up.
The Carron name is synonymous with manufacturing but sadly the number of jobs is dwindling with, as in the majority of industries, automation often taking the place of individuals.
You can’t halt progress and we wouldn’t want to but it is important that everything possible is done to ensure that our young people are given the right skills to find them gainful employment.
It’s no longer the singular aim of our schools to teach youngsters to pass exams, more importantly it is about equipping them for the future.
Here’s hoping that all those affected at Carron Phoenix can find alternative employment – and quickly.