Waterford firm Sanofi-aventis (www.sanofi-aventis.com) has just announced that they are reducing their workforce by 200 today. The general manager, Micheal McGrath stated that the decision was not a reflection on the Waterford workfoce. The management gave the reason that because of the the extra available capacity in another plant that they were enabled to reduce their Irish workforce. These jobs will be phased out towards the end of the year.
Sanofis-aventis also employs a further 140 staff in their commercial operations base in Dublin.