Restructuring events
European Restructuring Monitor (ERM)
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.
IT services provider CSC is to dismiss 400 employees which is more than a third of its workforce in Denmark. This was announced in daily online news Borsen.dk on 14 April 2015.
Trade union Prosa that represents the majority of the employees in CSC confirmed that they have been informed by CSC about the planned redundancies. In total 500 will be dismissed in Denmark, Sweden and Norway and another 150 new jobs will be created. Thus the staff will be cut by 350 employees in Scandinavia.
In relation to the recent announcement CEO Jørgen Jakobsen said to borsen.dk that 'the transformation process might take up to 12 months. In the coming days CSC will focus on a dialogue with the employees and their organisations'.
Eurofound (2015), CSC, Internal restructuring in Denmark, factsheet number 79317, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79317.