The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21.20 - Manufacture of pharmaceutical preparations
330 jobs Number of planned job creations
Announcement Date
30 May 2017
Employment effect (start)
Foreseen end date
31 May 2020
Description
Pharmaceutical manufacturer MSD is to create 330 new jobs across Cork and Carlow over the next three years. The new jobs will be in technical, engineering, biochemistry, biology, quality and operations positions. MSD's Cork plant will see 210 of the new positions, while the other 120 new jobs will be based at the company's vaccine and biologics plant in Carlow. The expansion is enabled through a €280 million investment across both Cork and Carlow plants.
MSD currently employs 1,600 people in Ireland, across four sites in Cork, Carlow, Dublin and Tipperary. The company has been operating in Ireland for more than 50 years and has commercial and marketing functions in Ireland as well as manufacturing.
Sources
30 May 2017: RTE
30 May 2017: Silicon Republic.com
Citation
Eurofound (2017), MSD, Business expansion in Ireland, factsheet number 91077, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91077.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
