It is a time of momentous decisions for GSK CEO Emma Walmsley. The English manager in July announced a GBP400m cost cut plan. Some weeks later, the company announced it would close down a Bangladesh plant employing 1,000 people. The time has come now for Sligo, Ireland-based plant to shut down. The facility has been operating for 43 years, manufacturing cosmetic products, with a workforce of 165. The shutdown will be step-by-step and will be completed in 2021. GSK has a strong presence in Ireland, with manufacturing sites and offices in Cork and Dublin.
(Source: The Sun)