Type
Internal restructuring
Country
Denmark
Region
København og Frederiksberg kommuner;
Location of affected unit(s)
Copenhagen
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

101 jobs
Number of planned job losses
Job loss
Announcement Date
8 October 2008
Employment effect (start)
1 December 2008
Foreseen end date
28 February 2009

Description

The Copenhagen-based biotechnology company Genmab dismisses 101 employees as a result of a portfolio review and assessment of the organisation. This was announced in a Stock Exchange release on 8 October 2008. Genmab is a international biotechnology company focused on developing fully human antibody therapeutics for medical needs. Information on the number employed at the company was not given in the announcement.


Sources

Citation

Eurofound (2008), Genmab, Internal restructuring in Denmark, factsheet number 68042, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68042.