Widex

Type
Internal restructuring
Country
Denmark
Region
Danmark; Sjælland;
Location of affected unit(s)
Lynge, Helsinge
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.6 - Manufacture of irradiation, electromedical and electrotherapeutic equipment
26.60 - Manufacture of irradiation, electromedical and electrotherapeutic equipment
85 jobs
Number of planned job losses
Job loss
Announcement Date
21 October 2013
Employment effect (start)
31 October 2013
Foreseen end date

Description

Hearing aids manufacturer Widex is to cut 85 jobs. This amounts to 10% of its total workforce. The redundancies are to take place in production at the headquarters in Lynge and in the assembling site in Helsinge.

The redundancies are part of a costs-saving plan to increase competitiveness. As production is likely to be outsourced to Estonia in the next two years, more redundancies in Denmark can be expected in the future.

Widex had 850 employees in Denmark and around 3800 employees at global level.

Sources

  • 21 October 2013: 3F.DK
  • 21 October 2013: Borsen.dk

Citation

Eurofound (2013), Widex, Internal restructuring in Denmark, factsheet number 76169, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76169.