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.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21.20 - Manufacture of pharmaceutical preparations
300 jobs Number of planned job losses
Announcement Date
19 August 2015
Employment effect (start)
1 September 2015
Foreseen end date
Description
Danish pharmaceuticals company, Lundbeck , published 19 August 2015 a restructuring plan. Part of the plan is to terminate 1000 out the company's 6000 jobs at world level. The restructuring foresees to dismiss 300 employees mainly through restructurings at the headquarters in Valby and, at the same time expand the newly established Business Service Centre in Krakow, Poland. The obligatory negotiation with the union representative that organises laboratory technicians, has started. It is expected that the programme will reduce the total cost base by approximately DKK 3 billion in 2017.
Sources
19 August 2015: Lundbeck press release
19 August 2015: Business.dk
19 August 2015: BT News Website
Citation
Eurofound (2015), Lundbeck, Internal restructuring in Denmark, factsheet number 84708, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84708.
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