Schering Plough may cut jobs

SCHERING-Plough’s 1,400-strong Irish workforce are bracing themselves for significant job losses today.

Workers at the firm’s plant at Brinny, Innishannon, County Cork, and Bray and Rathdrum in Co Wicklow, fear the loss-making pharmaceutical company will cut jobs in a bid to reverse losses of €735m in the year to the end of December.

In January, 2004, the firm offered 900 employees early retirement and cut 400 jobs, including 170 in Cork, to trim payroll expenses.