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.
330 jobs Number of planned job losses
Announcement Date
17 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 July 2009
Description
Truck hydraulic equipment manufacturer Danfoss is to cut 330 jobs at its plant in Nordborg in a new round of dismissals. Around 270 production employees in Nordborg and around 60 administrative employees will be made redundant according to the announcement by the management of the company on 17th March 2009. This is the third time that the company has cut its workforce since December 2008: the reason for the new round of lay-offs is a dramatic fall in most of the markets of Sauer-Danfoss in the 4th quarter of 2008.
Eurofound (2009), Sauer-Danfoss, Internal restructuring in Denmark, factsheet number 68728, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68728.
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