The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65.12 - Non-Life Insurance
120 jobs Number of planned job losses
Announcement Date
27 September 2023
Employment effect (start)
1 October 2023
Foreseen end date
Description
Tryg is a large insurance company active in the Scandinavian countries. The company has decided to merge its Danish and Norwegian departments for corporate costumers, which will entail the dismissal of approximately 250-270 employees in Denmark and Norway. It is expected that there will be around 120 dismissals in Denmark according to the Danish trade union Forsikringsforbundet.
It has not been declared when the dismissals will take effect or when the restructuring will be finished. It has not been made public precisely how many employees will be dismissed either.
Eurofound (2023), Tryg, Merger/Acquisition in Denmark, factsheet number 200461, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200461.
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