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Fears for up to 200 Tipperary jobs

There are fears for hundreds of jobs at a cosmetics plant in Tipperary. Staff have been called to...
Newstalk
Newstalk

06.48 14 Mar 2017


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Fears for up to 200 Tipperary...

Fears for up to 200 Tipperary jobs

Newstalk
Newstalk

06.48 14 Mar 2017


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There are fears for hundreds of jobs at a cosmetics plant in Tipperary.

Staff have been called to a meeting at the Coty plant later today.

While local councillors were told to "expect the worst" during a briefing after Tippeary County Council's monthly meeting on Monday.

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In 2015 the cosmetics manufacturer took over the Proctor and Gamble facility on the Orlando Industrial Estate in Nenagh, which had been in operation there since 1978.

The deal, which was worth almost €12bn, saw Coty acquire such brands as Hugo Boss, Gucci and Max Factor.

However there was a number of concerns about the takeover, including pension rights.

Last year the Labour Court recommended the staff receive a once-off loyalty payment.

The meeting on Tuesday follows a company sourcing study.

There are fears that staff will be informed that production in Nenagh will cease over the next 18 months.

It is understood the jobs are being moved to the UK.


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