Novartis deal with SGS secures 100 Ringaskiddy jobs
Updated / Tuesday, 12 Jan 2021
11:42
Under the terms of the deal, 100 Novartis staff working at the International Service Laboratory in Ringaskiddy will transfer to SGS
Novartis has today announced that Swiss firm SGS will buy and operate the assets of its International Service Laboratory on the Ringaskiddy campus, saving jobs at the Cork facility.
Under the terms of the deal, the 100 Novartis staff currently working at the Laboratories will transfer to SGS.
In October 2019, Novartis said it planned to cut over 300 jobs in Ringaskiddy as it had decided to close one of its production buildings by the middle of 2022.
Novartis to hand over lab facilities in Ireland to SGS
The job losses announced in 2019 are not impacted by today’s announcement
Novartis Ireland currently employs over 1,400 people across three locations in Cork and Dublin but announced plans in 2019 to cut 320 jobs at part of its Ringaskiddy facility in Cork over a two year period.
Tue, 12 Jan, 2021 - 12:44
Nicole Glennon
Novartis has entered into an agreement with Swiss firm SGS to divest assets from the Novartis International Service Laboratory on the Ringaskiddy campus.
Under the terms of the deal, the 100 Novartis staff currently working at the Laboratories will transfer to SGS.