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Job fears as Pfizer calls in staff

Thursday June 7th 2012

Highly skilled pharmaceutical workers are braced for redundancy after management at Pfizer called a meeting with staff.

Union bosses with Siptu want clarification from the firm amid reports it plans to cut 180 people from its production plants in Ringaskiddy and Little Island, both in Co Cork.

Profits at the pharmaceutical firm plummeted this year after its cholesterol drug, Lipitor, lost its patent in the United States and Europe.

The ending of patents on other drugs made by the company is also expected to have an impact on its operations in Ireland.

A spokeswoman said no announcement will be made until after a meeting with staff tomorrow morning.

Siptu's Alan O'Leary said the union was aware Pfizer was conducting a business review and had been awaiting confirmation of the outcome of this process.

"The management of Pfizer recently communicated some information concerning this review process to our members, but this did not include any details concerning possible job losses," said Mr O'Leary, pharmaceutical, chemical and medical devices sector organiser.

"The company has given a commitment to revert directly to the workers once the review has been completed."

Copyright Press Association 2012

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