Wyeth Nutrition, which is owned by Nestlé, announced a proposal to close the plant located in Askeaton by early 2026
A research and development centre will also close in 2025.
READ MORE - Ireland's Fittest Family coach Davy Fitzgerald says RTE running out of money 'isn't a game' In a statement Wyeth Nutrition said: "We will now consult with all employees and their representative unions. "Regrettably, today's announcement means approximately 542 colleagues will be placed at risk of redundancy."The company has blamed a drop in demand for its products in China. This is down to a sharp drop in the birth rate which has coincided with a rise in locally produced products.
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