Lakeland Dairies head doesn’t rule out job losses after merger

The head of Lakeland Dairies has refused to rule out job losses after the completion of the merger with LacPatrick Dairies.

The new board confirmed on Monday that the merger was complete, thereby creating the second largest dairy on the island.

CEO of the new company Michael Hanley said management will “sweat the assets” of the company in order to increase profits and return for shareholders. But speaking on The Joe Finnegan Show today, he didn’t rule out potential job losses: