A further 20 workers are facing the dole this week following the closure of the Spicers bakery in Navan this morning (Monday.
The closure has been described as a black day for Navan.
Receivers arriving at the bakery, told workers that they were closing down the bakery, with immediate effect, but assured them they would get their redundancy payments and other entitlements.
There was a staff of 20 working at the bakery over the past few months. Last January, 20 people were made redundant.
John Martin of the Bakers Union said the closure hadn't really come as a surprise.
"It is very sad, they did everything they could to save the business," he said.
He said the workers had been promised they would get their entitlements, but it could take up to three months to go through all the paperwork
The Spicer business in Meath is over 178 years old. The Spicer family were operating a flour mill in Navan as far back as 1834 and, in 1899, bought a bakery on the Boyne Road, the site of the current Navan bakery, from Luke Smith.