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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
400 jobs Number of planned job losses
Announcement Date
20 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
31 July 2009
Description
Sauer-Danfoss, producer of hydraulic equipment is to cut another 400 jobs, this time in Nordborg (325 production workers) and Kolding (75 white-collar workers). The employees are shocked by this new round of dismissals, not the least due to the high amount of job losses and the fact that it only recently announced the closure of its Odense plant with the loss of 210 jobs in December 2008. According to Sauer-Danfoss, the company's personnel department will initiate a series of support measures for the employees affected. Sauer-Danfoss is an American listed company which is 55% owned by Danfoss, also based in Nordborg.
Eurofound (2009), Sauer-Danfoss, Internal restructuring in Denmark, factsheet number 67970, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67970.
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