Ivax in trouble?

Tellox

Just got a phonecall from a friend, apparently staff were called today and told not to come in, and that there'll be an announcement made on Monday regarding all staff.. anybody hear anything about this?

Disasterous stuff, just when you think things are starting to pick up a bit

ziedth

Very sad if true, Good friend of mine has worked there for years is mortgaged and the nine yards. Suppose best not speculate until an official statement from them etc etc.

babyjames

Yep it is true I,ve worked there for 14 years , Told today not to come to work tomorrow or Monday morning also no Night shift to ninhgt or any work over the weekend, Big meeting for all staff at 9.45 in the morning. Worried sick.

ziedth wrote: »

Very sad if true, Good friend of mine has worked there for years is mortgaged and the nine yards. Suppose best not speculate until an official statement from them etc etc.

well butty

sh1tE!!!!!!

The best of luck folks!!!!!!

UhOh

Very strange TBH, things looked to be looking good for 2010 especially when you see articles like this

http://www.tribune.ie/business/news/article/2009/aug/30/israeli-recovery-may-be-a-boon-to-waterfords-teva-/

no production until 2pm Monday, so strange. Lets pray if it is bad news it's minimal

robtri

jesus doesn't sound good.

1967

Christ this does not sound good, especially as i read the article in the tribune on sunday if that place goes the estate will be like a ghost town.

Ausone

I don't work out in Teva, but I do know the industry.

Teva has no other inhalation site.
The recently won a court case against GSK (who are appealling) regarding a patent of a combination inhaler.

They recently made space by outsourcing their distribution system.

They are gearing up for a new combination inhaler facility, unfortunately other thing may also be happening with solid dosage forms.

jonnyfingers

Would the fact that they stopped production maybe indicate that there was some sort of recall on a product? I know it's wishful thinking not to be thinking redundancies but for a company that was seemingly doing very well to make such a sudden move it might suggest something different.

Nolanger

On the RTE 6 news.

stick-dan

terrible news, our thoughts should be with the employees at a time like this terrible thing to happen.

UhOh

Nolanger wrote: »

On the RTE 6 news.

didnt see it. What did they say?

Gael23

Both my parents work there, rumours and I stress rumours, are that there closing the tablet operation. The meeting is tomorrow and not monday.

hellfireie

wheres waterfords task force???

mailrewop

my brothers been there for a good few years making the inhalers and from what im hearing its not going to be good, i've heard that tablets are gone and inhalers are going to be moved to another country within the next few months.

mike65

They were trumpeting 165 new jobs in May, why such a sudden reappraisal?

http://www.biotechnologyireland.com/POOLED/articles/bf_newsart/view.asp?Q=bf_newsart_299812

Sully

Source on this?

Paige Turner

Sully wrote: »

Source on this?

http://wlrfm.ie/tabId/503/itemId/3053/Staff-at-Teva-called-into-a-meeting-with-managemen.aspx

http://www.rte.ie/business/2009/0903/jobs.html

dannydiamond

What in gods name lead any of you to believe that things are looking up?

Don't hold your breath folks,it'll be a while.
We've all got to be realistic and not kid ourselves into thinking otherwise,every reliable source points out that we'll be in the mire for a long time yet.

Sorry to be the bearer of bad news,but it's in everyones interests to at least be realistic.

DanGlee

Best of luck guys... I hope its not too bad news. I was working across the road in Sun Life and was made redundant from there a few months back... its not a nice pill to swallow and there is no work out there!

Best of luck!

Ill be listening on news and here for updates!


DG.

well butty

Any news here??

mike65

Pat Kenny is talking about this in a moment.

www.rte.ie/radio1

315 (?) jobs to go. Solid Dose tablet facility to close. Production to Hungary factory it seems.

Quigs Snr

I am hearing from someone in the meeting, the loss of the tablet division and 315 jobs over the next 12 months.....

mike65

The only "good" news is that its not a big-bang cutback by Christmas.

whos who

Another blow for waterford...........greatest sympathy for everyone involved!!:(

Paige Turner

Latest on RTE

http://www.rte.ie/news/2009/0904/teva.html

Spocker

Thats a shame

http://www.rte.ie/news/2009/0904/teva.html

fricatus

I hope to God that Mary Coughlan will finally get her trotter out of her hole and do something about jobs in Waterford. She could start by treating us like Limerick and Galway, rather than like Longford or Castlebar! :mad:

I know that a "task force" is the Pavlovian reaction to any major job losses, and ultimately does very little, but we don't even have a bloody task force! :mad::mad::mad:

Sorry for the people who lost their jobs - I hope you'll find something soon.

savic04

what is the irish gov and local council doing to keep jobs in waterford.

Moving to hungary, dell to poland etc

Ireland has been built on a false economy the past few years and is only realising now how bad a state we are in.

soldering iron

fricatus wrote: »

I hope to God that Mary Coughlan will finally get her trotter out of her hole and do something about jobs in Waterford. She could start by treating us like Limerick and Galway, rather than like Longford or Castlebar! :mad:

I know that a "task force" is the Pavlovian reaction to any major job losses, and ultimately does very little, but we don't even have a bloody task force! :mad::mad::mad:

Sorry for the people who lost their jobs - I hope you'll find something soon.

where!!!

soldering iron

savic04 wrote: »

what is the irish gov and local council doing to keep jobs in waterford.

Moving to hungary, dell to poland etc

Ireland has been built on a false economy the past few years and is only realising now how bad a state we are in.

Too many over paid cheif's,