KMD

Type
Internal restructuring
Country
Denmark
Region
Danmark; Hovedstaden; Københavns omegn
Location of affected unit(s)
Ballerup
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.2 - Computer consultancy and computer facilities management activities
62.20 - Computer consultancy and computer facilities management activities
120 jobs
Number of planned job losses
Job loss
Announcement Date
5 August 2014
Employment effect (start)
6 August 2014
Foreseen end date
31 August 2014

Description

Danish IT-consultancy company KMD announced plans to cut 120 jobs. As reported the cost saving measure is due to a competitive global environment in the sector and falling prices. KMD has 3,000 employees and is one of the biggest firms in the sector in Denmark. For a previous restructuring event see KMD-2013.

Sources

Citation

Eurofound (2014), KMD, Internal restructuring in Denmark, factsheet number 77398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77398.