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 72.1 - Research and experimental development on natural sciences and engineering
200 - 400 jobs Number of planned job losses
Announcement Date
2 September 2014
Employment effect (start)
2 September 2014
Foreseen end date
1 June 2015
Description
On 2 September 2014, the Danish pharmaceuticals multinational Novo Nordisk announced that it intended to discontinue all its research and development (R&D) activities within its inflammatory disorders division, affecting a total of 400 jobs in Denmark, China and the USA. In the USA, it will close its inflammation research centre in Seattle, with the loss of 63 jobs.
Novo Nordisk currently estimates that it will be possible to offer other positions within the company to more than half of the 400 affected employees. The company has initiated negotiations with the relevant local unions regarding redundancy plans.
Sources
2 September 2014: politiken.dk
Citation
Eurofound (2014), Novo Nordisk, Internal restructuring in World, factsheet number 77845, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77845.
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