Ecco

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Slovakia, Indonesia, Thailand, China
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
15 - Manufacture of leather and related products of other materials
15 - Manufacture of leather and related products of other materials
1,150 jobs
Number of planned job losses
Job loss
Announcement Date
6 April 2009
Employment effect (start)
1 May 2009
Foreseen end date

Description

The Danish based producer of footwear, Ecco, announced 6 April that 1150 jobs wil be cut in four countries. The 565 employees in Denmark will not be affected by the redundancies, which will take place in Slovakia, Thailand, Indonesia and China. The reason for the dismissals is a decline in the sales of shoes.

Sources

Citation

Eurofound (2009), Ecco, Internal restructuring in World, factsheet number 68986, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68986.