Cork to slash workforce by up to 90 in next 6 mos

By Admin
The global healthcare company Cork is said to cut its workforce by up to 90 in the next six months, the news reports said. The workers at Merck Sharpe...

The global healthcare company Cork is said to cut its workforce by up to 90 in the next six months, the news reports said.

The workers at Merck Sharpe Dohme were briefed by the management about the decision at its plant at Brinny near Innishannon.

The scaling back in production was not account of any fall in demand for the company’s products and also not due to any duplication of the production following the MSD takeover.

Matt Corcoran, MSD Site Manager, said, the announcement was extremely challenging news for all the staff to take in.  He also said, “We have committed substantial resources to investigate all elements of our business operations to identify potential savings, but reducing workforce was necessary and sadly unavoidable for the site to stay competitive.”

Besides, he also said, “Our immediate priority now is to work with and support all our employees during the consultation process.”  He added, “The decision was simply due to a review finding sufficient supplies of the products made at the plant-active ingredients for supply to the company’s tablet manufacturing plants-currently in the stock."

MSD employs 2,300 people in Carlow, Cork, Dublin, Tipperary and Wicklow. It produces prescription medicines, vaccines, biologic therapies, consumer care and animal health products. 

Share

Featured Articles

The Merck Group: Pharma's History & Innovation in India

Welcome back to part two of our exploration of The Merck Group's history and investment in China and India, with this part focusing on innovation in India

How CVS Health is Rising to the Omnichannel Challenge

US healthcare company CVS Health is reshaping its supply chain to meet the omnichannel needs of its customers

Kinaxis: Pharma Seeing Euro-wide Supply Chain Challenges

Supply chain specialist Kinaxis says UK pharma still recovering from Brexit and pandemic, and that Europe also seeing medicines value chain problems

Healthcare Digital Transformations Stymied by Data Silos

Digital Healthcare

McKinsey: Brain Health Underfunding 'a Global Concern'

Digital Healthcare

Endometriosis Linked to Heart Attacks & Strokes

Medical Devices & Pharma