150 jobs expected to be impacted as Ireland's biggest milk processor looks for redundancies amid rising costs

In order to secure cost savings, Tirlán has made the difficult but necessary decision to offer a voluntary redundancy scheme across the organisation.

A combination of factors requires the Co-op to proactively manage its cost base. These include rising costs in areas such as energy, interest rates, wages and environmental compliance as well as a decline in milk supply volumes.

The cost savings achieved through this programme will, Tirlán said, position it strongly against future challenges and allow continued focus on product innovation and growth in value-added products.

The slump in milk production has been attributed to factors like poor weather, weak prices, and environmental restrictions, leading to an estimated loss of €370m in the rural economy.

Read at Irish Independent