The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
76 jobs Number of planned job losses
Announcement Date
3 June 2004
Employment effect (start)
Foreseen end date
Description
Pharmaceutical group, Schering Plough, has announced that it is to shed 76 jobs at its Rathdrum operation in Co. Wicklow. Falling product volume has been blamed by the pharmaceuticals giant for the decision to cut back the workforce at its Wicklow plant, where it employs 440 people. News of the 76 job losses followed an announcement by the company back in January that the 930-strong workforce at its plant in Brinny, Co. Cork, was to be reduced by 170. The decision to reduce staff numbers at the Wicklow plant follows a strategic review of its global operations. The company has operated in Wicklow since 1981. It said discussions on the job cuts would begin immediately with staff groups and union representatives.
Sources
4 June 2004: The Irish Times
Citation
Eurofound (2004), Schering-Plough, Internal restructuring in Ireland, factsheet number 60406, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60406.
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