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The union said that it is asking for a meeting with the company over both these cuts and threats of a 20% pay cut to the salaries of remaining staff.
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It is understood that there will be a meeting between management, staff and union representatives on Tuesday.
SIPTU’s Alan O’Leary said that he hasn’t given up hope of retaining some of the 200 jobs due to be axed:
Each and every job saved is a household spared the considerable financial worry and concern associated with losing employment.
Jobs Minister Richard Bruton making a statement on the cuts yesterday. Laura Hutton / Photocall Ireland
Laura Hutton / Photocall Ireland / Photocall Ireland
Bausch and Lomb were sold to Valeant Pharmaceuticals, based in Canada, for €8.7bn last year. It was warned last year that up to 15% of B&L’s global workforce would be cut under plans by their new bosses at Valeant.
Bloomberg reported in March of this year that the CEO of Valeant, Mike Pearson, was examing B&L’s structure which he felt had “fat, lots of costs that we can take out”.
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