I want to raise the shocking and deeply concerning announcement by Pfizer yesterday that it is seeking to reduce its workforce in Ringaskiddy by over 100. This represents about 12% of the workforce. Pfizer has been a very good employer in Cork since 1969, when it established the plant. As the Tánaiste will appreciate, it is deeply concerning for staff that this announcement has come forward. Will the Tánaiste ensure the State agencies engage with the company immediately to understand the background to this announcement and also to try to minimise the impact? Will he give assurances to staff that will happen ASAP?

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