Piramal Glass plans to cut 165 jobs at its Park Hills, Missouri, USA plant.
Sanjay Tiwari, Chief Executive Officer, Piramal Glass USA, said: "The current economic environment coupled with the heightened uncertainty created by the COVID-19 pandemic, has led to a significant reduction in customer demand resulting in a substantial pile up of finished goods inventory.
"Under such trying circumstances, the company is forced to cut back on the manufacture of certain products, realignment of the business functions and downsizing teams to optimal levels."
Piramal Glass will retain approximately 320 employees across its three locations in the USA.
In a letter to the Missouri Department for Higher Education and Workforce Development on June 1, the glass manufacturer said the jobs cuts would take place by July 31st, 2020.
The company makes glass bottles for the pharmaceutical, cosmetics and speciality food and beverage industries.
