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.
208 jobs Number of planned job losses
Announcement Date
26 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
31 May 2009
Description
Grundfos, international manufacturer of pumps and compressors, is to cut 208 jobs at its plant in Bjerringbro, Jutland. This was announced on 26 January 2009. The reason given is downsizing as a result of the general recession. "This unfortunately means dismissals among unskilled as well as skilled and white-collar workers", the management announced, "by reacting now we secure the basis for the growth we want to see in the coming years". Of the 208 workers to be dismissesd, 58 are employed on fixed-term contracts.
Sources
26 January 2009: Business.dk
Citation
Eurofound (2009), Grundfos, Internal restructuring in Denmark, factsheet number 68038, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68038.
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