Hundreds of jobs could possibly be at risk after a agency primarily based at Nottingham’s Boots site introduced plans to stop manufacturing.
Fareva, which makes merchandise together with Number 7 cosmetics, mentioned it had began session with workers at its Thane Road manufacturing unit in Beeston.
The firm mentioned the financial change of political unrest in Europe and Covid had a “big impact” on its enterprise.
It has proposed transferring all manufacturing actions to its different manufacturing unit in Wales.
Fareva mentioned 150 new roles can be created at the Pontyclun site in Wales, with precedence given to Nottingham workers.
The French pharmaceutical firm purchased BCM (Boots Contract Manufacturing) in 2017.
Products like Soltan and Strepsils have been made at the D10 manufacturing unit, together with department merchandise for supermarkets and pharmacies.
The enterprise mentioned its product testing service, analysis and growth, industrial and procurement actions will proceed to function out of the Grade I-listed site.
A spokesman for Fareva mentioned: “The results of Covid and the current political unrest in Europe have been unprecedented.
“Production volumes have decreased because of some prospects shifting manufacturing in-house and remaining enterprise volumes are decrease than their pre-Covid ranges,” he added.
Fareva mentioned the loss of enterprise had led to its websites having spare capability.
The enterprise will now enter a interval of collective session with workers whose roles are affected.
It added that manufacturing would proceed till 2024 and it mentioned it might not make any redundancies till early subsequent yr.
The union Usdaw mentioned it was “devastating information for the workers and the area people”.
Area organiser, Mark Wheatley, mentioned: “We will now enter into session talks with the corporate, the place we are going to interrogate the enterprise case for his or her resolution.
“In the meantime we are providing our members with the support, advice and representation they require at the very difficult time, as we seek to secure the best deal possible.”
Conservative MP for Broxtowe, Darren Henry, mentioned he was “hugely concerned” and had organized a gathering with Fareva “as a matter of urgency”.