800 jobs to go at Pfizer

[brokencrossbar1]

http://www.breakingnews.ie/ireland/pfizer-to-cut-almost-800-jobs-458127.html

Almost 800 Irish jobs are to be shed by pharmaceutical giant Pfizer which today announced plans to shut down three of its sites here and cut jobs at a fourth.

The company said it plans to exit operations at its solid-dose plant in Loughbeg, aseptic facility in Dun Laoghaire, and biotechnology plant in Shanbally.

The company will also reduce operations at its solid-dose facility in Newbridge.

The plans are to come into effect over the next 18 months to five years

Another bad blow to the economy   Know a few people in the Shanbally plant.

[Captain Black]

What are they thinking?  The managers must have had a rush of blood to the head.

[Doogie Browser]

Thats a bad blow, another multi-national planning to pull out of Ireland eventually.

[Capt Pat]

That is less than 20% of their Irish workforce.

[brokencrossbar1]

That is less than 20% of their Irish workforce.

And???

[Capt Pat]

The other 80% will have followed them out the door in the next 5 years if we are not careful.

[mannix]

Pfizer are pulling a pile of jobs out of new york too, they must be restructuring the whole show.

[armaghniac]

Thats a bad blow, another multi-national planning to pull out of Ireland eventually.

How do you conclude this? Two companies merge and they consolidate operations all over the world. This doesn't say anything particular about Ireland.