Irish dairy giant Tirlán announces a cost-cutting plan with potential 150 voluntary redundancies to address rising costs and declining milk supply.
Irish dairy giant Tirlán, formerly known as Glanbia Co-Op, announces a cost-cutting plan that could result in around 150 voluntary redundancies to improve long-term competitiveness amid rising costs in energy, interest rates, wages, and environmental compliance, and a decline in milk supply volumes. The company aims to maintain milk processing capabilities and will retain the ability to increase capacity if required. The cost savings will enable Tirlán to focus on product innovation and growth in value-added products.
June 20, 2024
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