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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.11 - Processing And Preserving Of Meat
278 jobs Number of planned job losses
Announcement Date
11 October 2024
Employment effect (start)
11 October 2024
Foreseen end date
Description
Danish Crown is undergoing a major restructuring, resulting in the elimination of 500 administrative positions, primarily in Denmark.
This follows an earlier round of layoffs in April 2024, where 1,200 employees were let go due to the closure of the Ringsted slaughterhouse. The company aims to reduce annual costs by 500 million DKK through these measures. CEO Niels Duedahl emphasizes the necessity of these cuts to restore financial health at the company. Additionally, Danish Crown faces pressure from shareholders and competition from Tican.
The previous closeure of the Ringsted slaughterhouse can be found here: Danish Crown-2024-DK
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