Ireland -Pfizer announces job cuts -June 7, 2012

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

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.

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