Pharmaceutical company Pfizer announced it will be cutting 177 jobs in Cork but that Ireland will remain its key location. Pfizer said the company will install a voluntary redundancy scheme to try to avoid compulsory redundancies. If the scheme fails to perform, however, the company will seek compulsory redundancies. The lay-offs are said to be due to a switch to drugs that are more easily manufactured as well as a number of products come off patent. Unions and Pfizer are set to discuss the redundancy plan later, as the lay-offs are not planned until next year.
English: http://www.rte.ie/news/2012/0606/pfizer-convenes-staff-meetings-in-cork.html
http://www.irishexaminer.com/ireland/more-job-losses-likely-at-pharma-giant-pfizer ...
http://www.bbc.co.uk/news/world-europe-18337318
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