Restructuring at Bausch+Lomb's contact lens manufacturing plant in Waterford, Ireland will be resulting in worrying times for members of staff at the moment.
As reported by in today's print issue of Optician, 200 staff face redundancy as the group reviews the operation.
B+L notes a fourth position in market share for contact lenses, meaning it must adapt, but plant closure should be avoided at all costs and further job losses spared.
The company and remaining staff will indeed be hoping this is the beginning of a new path rather than the peak of a slippery slope.
Bausch+Lomb confirms Waterford cost cutting