"The cuts include 485 posts at the Waterford Crystal plant in Dungarvan, Ireland, which is to close"
Bad news for all involved, its a very harsh blow for the area, but this is a European cut back.
Under EU law, if you make a food or drink and market it by its area of origion (like Edam cheese) it MUST be from that area (ie you cant make Edam cheese in Ireland because Edam is in Holland (AFIK)). So does that mean that Waterford crystal is now gone for good if the plant closes down?
I'll leave it for other people to comment about Reynolds.
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