SIPTU Seeks Urgent Meeting with Pfizer Over 102 Job Cuts at Ringaskiddy Plant
SIPTU seeks an urgent meeting with Pfizer over 102 job cuts at its Ringaskiddy, Co Cork plant. The reductions, affecting about 12% of the site's 800 employees, are due to expiring drug patents. SIPTU aims to reduce redundancies or improve exit packages.
SIPTU is seeking an urgent meeting with Pfizer regarding the pharmaceutical multinational's plan to cut 102 jobs at its Ringaskiddy, Co Cork plant. The US company confirmed these reductions across its manufacturing operations, which produce drugs like Viagra.
Pfizer cited an «anticipated reduction» in manufacturing due to patents for certain drugs concluding, meaning less work is required. The company, established in Ringaskiddy in 1969, made this decision after evaluating its manufacturing network, projected product demand, and long-term business objectives. The 102 voluntary redundancies represent about 12% of the plant's estimated 800 employees.
SIPTU, which has 300-400 members at the plant with 70 impacted by the cuts, called the announcement a «blow,» noting a previous voluntary redundancy program in 2024. The union hopes to reduce the number of redundancies or improve exit packages. Pfizer employs approximately 4,500 people across Ireland, with other operations in Newbridge and Dublin unaffected.