Type
Internal restructuring
Country
Ireland
Region
Border, Midland and Western; West; West
Location of affected unit(s)
Mayo
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations

200 jobs
Number of planned job losses
Job loss
Announcement Date
27 October 2010
Employment effect (start)
Foreseen end date
31 October 2011

Description

Baxter Healthcare, which is located in Ireland's Mayo county, is looking for 200 redundancies over the next 12 months: comprised of up to 150 voluntary redundancies and the cutting of about 50 temporary contracts. It currently employs 1,100 staff.

In a statement, Baxter, a subsidiary of Baxter International, said the job cuts were driven by the global economic downturn, the subsequent impact of European healthcare cost-savings measures and the "ongoing need to improve our cost competitiveness". Baxter manufactures products to treat conditions such as haemophilia, kidney disease and immune disorders.  


Sources

  • 28 October 2010: The Irish Times

Citation

Eurofound (2010), Baxter Healthcare, Internal restructuring in Ireland, factsheet number 71120, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71120.