Cork Bishop says 'devastating' job losses at Novartis show danger of over reliance on global companies

The 'devastating' job losses announced by pharma giant Novartis earlier this week are a timely reminder for Ireland not to be over reliant on global companies and show the need to invest more in local indigenous industries, according to the Bishop of Cork & Ross.

In forthright comments at a vigil Mass in Carrigaline last night Bishop Fintan Gavin went on to suggest Ireland must not be lured into a false sense of security by global multi-nationals.