LM Glasfiber

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
725 jobs
Number of planned job losses
Job loss
Announcement Date
25 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 July 2009

Description

The Danish based producer of wings to windmills, LM Glasfiber, announced that it is to cut 725 jobs Europe-wide due to a significant fall in sales. Of the total job losses, 425 jobs will be cut at the LM Glasfiber's department in Hammelev in Denmark.

Sources

Citation

Eurofound (2009), LM Glasfiber, Internal restructuring in European Union, factsheet number 68816, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68816.