Fast-growing company loses CFO Howard Schiller as it looks to address issues with $11bn Salix Pharma acquisition

Announcement comes less than a year after facility was on verge of closing

Contact lens maker is to invest €41m in its Waterford facility over the next 18 months

Eye-care company is currently in the process of implementing 200 job cuts

Cantillon: few ‘clean hands’ in investment banking

Minister for Jobs Richard Bruton says company committed to investing in the Waterford plant

Proposal for Waterford plant must also be backed by almost 100 TEEU members

New offer sees pay cut of 7.5% rather than the 20% originally tabled

Contact lens-maker has “modified” its starting position which sought almost 200 redundancies

Canadian-based company said Allergan’s refusal to enter talks left it with no option but to go hostile

Democratic senator Charles Schumer called for jobs to be moved to New York

Siptu hopes to reduce numbers affected by management’s 200-job redundancy plan

Contact lens maker wants 20 per cent pay cut on top of 200 redundancies

Waterford workers appear to have little leverage in battle to soften swingeing cuts

O’Leary urges airline to end cheap travel for cabin crew who engaged in strike

Multinational has threatened to close Waterford plant if cost-saving measures are not accepted

Minister says department had been working to secure some jobs at company for a while

Scale of cuts savage despite a certain expectation of bad news

TDs complains of little action to generate new employment opportunities

Contact lens maker also seeking 20% pay cuts to bring subsidary in line with other divisions