More job losses likely at pharma giant Pfizer

More jobs are likely to be lost in the Cork region following the confirmation that Pfizer is to reduce its workforce by 177.

The company announced yesterday it would be cutting 129 jobs at its Ringaskiddy factory and a further 48 in Little Island, leaving it with 450 workers at the two plants.

Pfizer also said it could not guarantee that further jobs losses would not be announced as the pharmaceutical industry in general goes through a rocky period.