Pharmaceutical company Pfizer has confirmed plans to cut more than 100 jobs at its manufacturing facility in Ringaskiddy, County Cork. The proposed redundancies represent approximately 12% of the site's workforce, which currently numbers over 800 employees.
The announcement was made as part of a company-wide operational review. Pfizer stated the decision is aimed at optimizing its global manufacturing network and is not a reflection on the performance of the Ringaskiddy team. The site is involved in the production of active pharmaceutical ingredients.
Consultation processes with employee representatives are now underway. The company has emphasized its commitment to supporting affected staff through the transition.
The Ringaskiddy facility has been a significant employer in the region for decades. Local officials have expressed concern over the impact of the job losses on the community.