More than 300 jobs are being cut at a multinational pharmaceutical plant in the south-east, the latest massive jobs blow for the region.
Teva Pharmaceuticals in Waterford, one of the sector's top 20 firms, called employees into a meeting at its manufacturing plant on Friday morning to announce the lay-offs.
It is understood 315 out of the 730 strong workforce are being let go. The devastating losses compound the unemployment crisis in the region after hundreds of lay-offs at Waterford Crystal, electronic components firm ABB Transformers and contact lens maker Bausch & Lombe.
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