Corden Pharma

Type
Internal restructuring
Country
Italy
Region
Centro (IT); Lazio; Latina
Location of affected unit(s)
Sermoneta
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
21.20 - Manufacture of pharmaceutical preparations
179 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2012
Employment effect (start)
30 September 2012
Foreseen end date

Description

Corden Pharma, contract manufacturing partner of leading pharmaceutical and biotechnology companies, is to cut 179 jobs (out of 677) at its plant located at Sermoneta, in the province of Latina.

The trade unions reacted to the company's decision by organising protest actions and demand meetings with management and local authorities in order to reduce the number of job cuts.

Sources

Citation

Eurofound (2012), Corden Pharma, Internal restructuring in Italy, factsheet number 73860, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73860.