Type
Closure
Country
Ireland
Region
Southern and Eastern; South-West (IRL);
Location of affected unit(s)
Limerick
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.5 - Manufacture Of Dairy Products

542 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2023
Employment effect (start)
18 October 2023
Foreseen end date
31 March 2026

Description

Swiss food multinational Nestlé is to close its Wyeth Nutrition infant formula manufacturing plant and research and development centre in Limerick over the next two and a half years, leading to the loss of 542 jobs.

Nestlé blamed falling demand for imported infant formula in China for the closure of the plant. A total of 491 people working at the plant and a further 51 employed at the R&D facility are to be made redundant. All manufacturing operations will cease by early 2026, while the R&D centre will already close in early 2025.

The company is consulting employees and unions regarding a redundancy package.


Sources

Citation

Eurofound (2023), Wyeth Nutrition , Closure in Ireland, factsheet number 200491, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200491.