We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

MSD's plant in Swords. MSD via Facebook
Job Losses

570 job losses at pharmaceutical company in Dublin

The news from MSD follows the announcement of the closure of another plant in Wicklow earlier this year.

PHARMACEUTICAL COMPANY MSD is to close its manufacturing plant in Swords, Dublin, it was announced today, with the loss of 570 jobs.

Staff at the Dublin plant were told shortly after 2.30pm today with plans to cease operations at the site by the end of 2017.

In the second half of next year, it is anticipated that 130 people will leave the organisation and the remaining positions will be phased out over the following three years.

The company plans to relocate products manufactured in Swords, in the areas of  women’s health, anaesthesia and psychiatry, to MSD sites in the Netherlands, the US and Belgium, as well as to third-party manufacturers throughout Europe and the US.

In a statement today, the company said:

The proposed action is an outcome of MSD’s ongoing review of its worldwide manufacturing capabilities and is representative of the company’s global initiative to sharpen its commercial and R&D focus and improve overall operational effectiveness. The company plans to work with the IDA Ireland to aggressively pursue a buyer for the facility in order to potentially mitigate job losses.

Ongoing review

Site Director Tony Pusic said the proposal is the outcome of the company’s “ongoing review of its worldwide manufacturing capacity that has resulted in sites being sold, closed or consolidated in all regions of the world”.

The proposal to cease operations is not a reflection of the site’s performance or the highly skilled people working here.

The news comes off the back of the announcement of a plant closure in Rathdrum, Co Wicklow in March this year to result in 280 jobs losses with this site expected to close by the end of 2015. The company also sought 90 voluntary redundancies at its Cork plant in October last year.

Currently the pharma company employs around 2,000 people across the country, including sites in Dublin, Tipperary, Cork and Carlow and Wicklow.

Commenting on the announcement today, IDA Ireland Chief Executive Barry O’Leary said the pharmaceutical sector “remains a significant employer in Ireland”.

He said IDA is committed to finding a buyer for the facility and creating alternative employment in the area.

“Significant fresh investment in the sector is underway and several other pharmaceutical projects are currently in play and being pursued aggressively by Ireland,” he added.

Related: 280 jobs lost as Wicklow pharma plant closes>

More: MSD to shed 90 jobs at Cork plant>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.