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 Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
110 - 130 jobs Number of planned job losses
Announcement Date
11 October 2011
Employment effect (start)
1 November 2011
Foreseen end date
31 January 2012
Description
On 11 October 2011, Danish producer of food ingredients, enzymes and bio-based solutions Danisco announced that at least 110 employees will be made redundant until the end of 2011.
The company has recently been sold to the American multinational Dupont. "The company inevitably needs slimlining", the communication officer said at the press release. The dismissals are expected to be the first of three rounds of redundancies. Internal sources in Danisco say that it is possible that another 80 employees will be made redundant in Denmark in the coming year.
Officially, it was not mentioned in which country the following rounds will take place. Danisco has 1,300 employees in Denmark.
Sources
11 October 2011: Jyllands-Posten
11 October 2011: epn.dk
Citation
Eurofound (2011), Danisco, Merger/Acquisition in Denmark, factsheet number 72617, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72617.
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