Pharma plant workers to consider pay cut proposals

Workers at a Co Tipperary pharmaceutical plant face almost two years of pain if they accept Labour Court proposals concerning pay cuts and other cost-saving measures.

The Labour Court recommended the measures at Clonmel-based Suir Pharma after finding both Siptu and Unite agree the viability of the enterprise, which employs around 175 people, is in question.

At the court, the firm stated it expects a loss of over €1.8m for this year, “and the company’s survival plan requires temporary savings in the region of €1.1m in 2014 and 2015 in order to remain trading”.