Pharmaceutical group Eli Lilly is to seek up to 70 voluntary redundancies from its Co Cork plant.
Staff at the Kinsale-based manufacturing plant, at Dunderrow, Co Cork, were informed today the company would be seeking between 60 and 70 voluntary exits.
The plant - which makes the active ingredients for a number of the pharmaceutical products, including drugs to treat diabetes, schizophrenia and depression - is one of six Eli Lilly bulk manufacturing plants worldwide. It employs 450 people.
There was better jobs news elsewhere for Co Cork, however, with announcements from two other companies.
Messaging services and e-commerce company EasyLink is to establish its European headquarters in the county, bringing 20 new jobs to Clonakilty.
Separately, international credit analysis company Rockboro Analytics said it will create up to 50 jobs in the next five years in Cork.
EasyLink's centre will include a finance and accounting team, in addition to the existing 25-strong customer support team who were previously employed by Premiere Global Services. EasyLink bought the messaging services operation from Premiere in 2010.
Minister for Research and Innovation Sean Sherlock said the news was great for Cork and the surrounding region.
"Easylink’s location in Cork will boost employment in the region while further adding to the reputation of Cork as a leading location for global services operations," he said. The investment is being supported by IDA Ireland.
Rockboro Analytics is also setting up in the city, and plans to create employment in the near future.
The credit analysis company will provide credit assessment services for banks, insurers, investment managers and corporations globally. Founded by former Standard & Poor’s executive, the company's establishment is being supported by Enterprise Ireland.
Minister for Finance Michael Noonan said Rockboro was an example of the type of company that Ireland needs.
"The international focus of Rockboro’s business is very positive as it will provide high value added solutions to credit-sensitive organisations around the world. Clearly it provides a key jobs boost for Cork,” he said.
