Type
Bankruptcy
Country
Ireland
Region
Border, Midland and Western; Border; Border
Location of affected unit(s)
Drogheda
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20.42 - Manufacture of perfumes and toilet preparations

101 jobs
Number of planned job losses
Job loss
Announcement Date
9 September 2009
Employment effect (start)
Foreseen end date
30 September 2010

Description

Perfume maker Irish Flavours and Fragrances (IFF), based in Drogheda County Louth, is to make 101 staff redundant when its plant closes on September 30, 2010. IFF has been told by Ireland's Labour Court to pay staff redundancy terms of eight weeks per year of service, inclusive of statutory entitlement. In making its recommendation, the Court noted that the company was 'closing its plant in Ireland as part of a major restructuring programme that is unrelated to the performance of the Irish Company' The plant is to close on September 30, 2010, and no redundancies are due to occur before this date, in return for an orderly wind-down.


Sources

  • 18 March 2010: The Labour Court
  • 10 September 2009: The Irish Times

Citation

Eurofound (2009), Irish Flavours and Fragrances, Bankruptcy in Ireland, factsheet number 69521, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69521.