Pfizer

mikep

Hi

Its just been announced that Pfizer is closing 2 plants in Cork and scaling back production at one other...

Major blow to Cork and surrounding areas...

zeusnero

Any idea how many redundancies?

mikep

Dunno....


Will probably be from 400 upwards......

Won't be closing till 08 and are trying to sell as going concern...

Manach

Ouch. This on top of the Motorola announcement last week.

copacetic

been coming for a while and the extra plants were always going to be a risk. are they ramping down with some initial redundancies or everyone ok for a while?

Raskolnikov

550 jobs by the sounds of it. Like Motorla, people working in Pfizer would generally be greatly in excess of the industrial average wage. We have lost at least a good 1000 jobs in Cork since the New Year

Raskolnikov

http://www.breakingnews.ie/ireland/?jp=CWSNQLAUSNKF

Two factories closing between 2008 and 2009, it's not so bad in that people will have time to look for alternative employment.

brav

Ya thats a few places in cork now.

500 in pfeizer, 350 at motorolla, 240 in FCI Fermoy, and 200 in Banta Global Turnkey(RR Donnelly)

at least 1290 jobs

r3nu4l

Pfizer are undergoing major restructuring. Not only are they cutting the manufacturing in Cork but they have already cut 10,000 sales force jobs globally, a serious move seeing as how Pfizer were the first company to really ramp up the sales force in the pharma industry and the others followed the example.

It is quite likely that other companies will follow once again in terms of sales jobs but not at the manufacturing end.

boy_wonder

We all knew this was coming for a while(especially since torcetrapib was pulled) but i dont think anyone expected the job cuts to be so drastic.

nesf

boy_wonder wrote:

We all knew this was coming for a while(especially since torcetrapib was pulled) but i dont think anyone expected the job cuts to be so drastic.

Very true but it's going to be harsh for a lot of people. Pfizer are a very big employer down here and provide a lot of business to local companies. So it's going to hit hard beyond the employees being left go.

copacetic

does anyone know if the new build going on in Pottery Road is still going to happen or is it being canned?

boy_wonder

Eh the new build on pottery road is 95% complete construction wise - not much left to do from that side. Qualifiaction of equipment etc is ongoing. Lots happening out there at the moment!!!

boy_wonder

nesf wrote:

Very true but it's going to be harsh for a lot of people. Pfizer are a very big employer down here and provide a lot of business to local companies. So it's going to hit hard beyond the employees being left go.

Never said it wasnt gonna be tough!!!! I know a lot of good people working down there(some of them dubs) and i feel for them.

nesf

boy_wonder wrote:

Never said it wasnt gonna be tough!!!! I know a lot of good people working down there(some of them dubs) and i feel for them.

Apologies, I wasn't trying to imply that you were making light of it.

boy_wonder

no probs:)

Plissken1

This is a result of the Government focussing on Property and Financial Services and ignoring all other industries, This is what the Tory party did in the 80's in the UK. This model always delivers high short term gains, but in the long run, it has always proven a disaster. This is what haoppens when you allow the builders to run the country.

copacetic

Plissken1 wrote:

This is a result of the Government focussing on Property and Financial Services and ignoring all other industries, This is what the Tory party did in the 80's in the UK. This model always delivers high short term gains, but in the long run, it has always proven a disaster. This is what haoppens when you allow the builders to run the country.

no it's not you fool, it is a pfizer decision based on their business probelma at the moment. If anything the fact that Pfizer financial servies are based here helps the rest of the business...

copacetic

boy_wonder wrote:

Eh the new build on pottery road is 95% complete construction wise - not much left to do from that side. Qualifiaction of equipment etc is ongoing. Lots happening out there at the moment!!!

sorry, i knew that. I meant more were they still to use it or would they put it on hold..

Plissken1

daveym wrote:

no it's not you fool, it is a pfizer decision based on their business probelma at the moment. If anything the fact that Pfizer financial servies are based here helps the rest of the business...

Your an idiot if you think that, probably over-weight and own a merc

eth0_

Plissken1 banned for a week for personal abuse.

r3nu4l

Plissken1 wrote:

This is a result of the Government focussing on Property and Financial Services and ignoring all other industries,

Actually the Government have pumped more money than ever into Science in Ireland over the past 7 years! This is a problem at Pfizer and is a global restructuring program and Ireland is not the only country losing jobs because of it.

There are major success stories for Ireland in Science and Technology, Intel and Wyeth are the bigger names but even homegrown Irish Science has benefitted from the Government input...and it saddens me to say that because I'm no fan of Fianna Fáil

copacetic

r3nu4l wrote:

Actually the Government have pumped more money than ever into Science in Ireland over the past 7 years! This is a problem at Pfizer and is a global restructuring program and Ireland is not the only country losing jobs because of it.

There are major success stories for Ireland in Science and Technology, Intel and Wyeth are the bigger names but even homegrown Irish Science has benefitted from the Government input...and it saddens me to say that because I'm no fan of Fianna Fáil

agreed, i'm no fan of the government but blaming them for stuff that is clearly nothing to do with them takes the focus off what they actually do wrong.

Mucco

Plissken1 wrote:

This is a result of the Government focussing on Property and Financial Services and ignoring all other industries, This is what the Tory party did in the 80's in the UK. This model always delivers high short term gains, but in the long run, it has always proven a disaster. This is what haoppens when you allow the builders to run the country.

I suppose it's the Irish government's fault that Pfizer are closing R&D sites in Japan, France and the States too?

boy_wonder

daveym wrote:

sorry, i knew that. I meant more were they still to use it or would they put it on hold..

Yep the plan is still to use it and gradually phase out the old building. I believe there is already approved planning permission on-site for another facility.

copacetic

thats good, most of the people I know are in Dublin..

nesf

daveym wrote:

agreed, i'm no fan of the government but blaming them for stuff that is clearly nothing to do with them takes the focus off what they actually do wrong.

Well put. Essentially anyone blaming the Government for this happening doesn't know the slightest thing about Pfizer or the pharmaceuticals industry. They are laying off 10,000 staff worldwide (500 is a drop in the ocean compared to this) and have announced closures of manufacturing plants in many countries including their plant in Brooklyn where the company was founded. It was in the Economist last week.