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Pfizer To Cut Jobs and Production in Ireland

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Pfizer has plans to discontinue or reduce manufacturing at three sites in southern Ireland, including the closing of its Ringaskiddy site in County Cork by the end of 2007, resulting in the loss of approximately 65 jobs. According last month’s announcement, the company said it would reduce its global plant network by more than 50% during the course of four years and eliminate 7,800 jobs in an effort to save $1 billion by the end of 2008. The company will also phase out some API manuf...

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