Glanbia still in good state despite suggestions

RECENT headlines announcing 210 jobs to go at Glanbia as it cuts costs of €16 million suggests a group under pressure.

The story that made it into the news on February 10, however, was based on a letter sent to workers up-dating them on the state of the company. While most of the news had previously been in the public domain, the letter gave the impression of a group under greater pressure than is the case.

Nevertheless the company wanted to reiterate the point that there was a tough year coming down the track, given the global downturn.