Procter & Gamble chief executive gets €20m as Nenagh reeling from lay-offs

PROCTER & Gamble Co is paying chief executive AG Lafley $27.7 million (€20.28m) as he oversees the lay-off of 280 Irish workers.

In March, the company — north Tipperary’s largest employer — announced a decision to move its skincare operations to Lodz in Poland by the end of 2009, with the loss of 280 jobs at the Gortlandroe plant.

The development came as a massive blow for Nenagh and the wider economy of north Tipperary, which was already struggling with a jobs crisis prior to the announcement. &