UPDATE : 320 Workers At Novartis To Lose Their Jobs In Cork Over The Next 3 Years

Wednesday, 23 October 2019 09:19

Over half of the company's workforce in Ringaskiddy will lose their jobs by 2022

Staff were summoned to a meeting at 8 o'clock this morning where they were told of the job cuts and the timeline

In a statement issued to RedFM News Novartis says it's to relocate a number of their global services to centralised operation centres in Europe and Asia but says they will continue to evaluate potential partnership opportunities and divestment scenarios across the Ringaskiddy campus

Tanaiste Simon Coveney has reacted to the job losses describing it as significant blow

He's confirmed that he has spoken to the Business Minister Heather Humphreys as well as the IDA to ensure all available supports from state agencies are now open to the staff

Meanwhiile..

The Fianna Fáil Leader Micheál Martin has described the news as devastating for the region.

He's urging the Government and the IDA to prevent as many job losses as possible, to relocate those that lose jobs and to seek an alternative company to invest.

Ryan Grace is in Ringaskiddy for RedFM News where workers are filing out of the company but not engaging with the waiting media