Lakeland Dairies announced over the weekend plans for 68 redundancies at its processing facilities in Monaghan.
The Co-op revealed that it will be adjusting the process of activities at the site, which could see some operations transferred or ceased.
The move comes following the merger of LacPatrick Dairies and Lakeland Dairies, after which the new society has reviewed how best to integrate the functions of all sites.
The site, which was operated by LacPatrick Dairies, had been reporting ‘significant and recurring losses’.
The site, which currently employs up to 130 people, has had ‘little or no investment’ in processing capabilities over the years, the company revealed in a statement.
Michael Hanley, CEO of Lakeland Dairies said that it is essential for the firm to realise efficiencies from within the merged group of processing facilities.
“After careful consideration, the Board has approved this plan for the Monaghan town site which will reduce operating costs while providing for the continuation of strategic units for the business,” Hanley said in a statement.
“Arising from this adjustment of operations, it is regrettably the case that a number of redundancies will be required in Monaghan and we will enter into consultation to discuss the roles that will be affected.
“We will also be providing details of any redeployment opportunities available in other parts of the Lakeland Group.”
“While this development is difficult for everyone concerned, it is necessary to ensure we operate our business in the most efficient manner,” he explained.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.