Grundfos

Type
Internal restructuring
Country
Denmark
Region
Danmark;
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.13 - Manufacture of other pumps and compressors
133 jobs
Number of planned job losses
Job loss
Announcement Date
18 November 2014
Employment effect (start)
1 December 2014
Foreseen end date

Description

Denmark based multinational pump manufacturer Grundfos announced plans to cut 133 jobs in Denmark. As reported, the job reduction measure is in the framework of a global restructuring cost saving plan envisaging 405 job cuts. Grundfos has 19,000 employees worldwide, including 5,000 in Denmark. 

Sources

  • 19 November 2014: dr.dk
  • 18 November 2014: 3F.DK

Citation

Eurofound (2014), Grundfos, Internal restructuring in Denmark, factsheet number 77965, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77965.