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Thursday, November 12, 2009

Glaxo Take Over Company... 4 Months Later Company Told it is to Cease Operations!


Photo: James Connolly/PicSell8



Sligo left 'devastated' by medical firm closure

Source Irish Times

THE ANNOUNCEMENT that Stiefel Laboratories in Sligo is to cease operations within four years with the loss of 250 jobs was described yesterday as a “devastating blow” to the county.

Just four months after it was taken over by pharmaceutical giant GlaxoSmithKline (GSK), workers at the plant, some with three decades of service, were called to an emergency meeting yesterday morning for the announcement.

Managing director Joe Burns, who has been with Stiefel since it opened in Sligo in 1975 with a workforce of just 10, told staff that production will cease by 2013.

He said the planned closure in no way reflects on the performance or commitment of staff at the Sligo site, who had made a significant contribution to the success of Stiefel.

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