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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
950 jobs Number of planned job losses
Announcement Date
27 April 2011
Employment effect (start)
1 May 2011
Foreseen end date
31 December 2011
Description
Mobile phone developer Nokia is to close its development department in Copenhagen Denmark where 950 employees will be made redundant. This was announced by Nokia in a press release issued on 27 April 2011. The dismissals are part of a major restructuring plan which also involves the relocation of Danish development activities to China. Only 250 employees in the sales and marketing department are left at the headquaters in Copenhagen. Nokia and the government will promote activities aimed at helping redundant employees to find other jobs.
Sources
27 April 2011: Computerworld.dk
30 April 2011: Horsens Folkeblad
Citation
Eurofound (2011), Nokia Denmark, Closure in Denmark, factsheet number 71900, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71900.
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