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As many as 126 jobs are to be lost at the Ranbaxy pharmaceutical plant in Cashel, after staff were informed that the facility is to close.
After taking over Ranbaxy’s international operations in the first half of last year, Sun Pharma has, unsuccessfully, been trying to sell the plant.
The company has also been reorganising global operations, with certain operations being moved to countries with cheaper operating costs.
The news is going to come as a big blow to Cashel, with manufacturing to cease by the end of April and the jobs are to go by mid May.
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