Type
Internal restructuring
Country
Denmark
Region
Viborg amt;
Location of affected unit(s)
Bjerringbro and Ålestrup.
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.13 - Manufacture of other pumps and compressors

120 jobs
Number of planned job losses
Job loss
Announcement Date
14 June 2023
Employment effect (start)
1 August 2023
Foreseen end date
1 August 2023

Description

Despite a record turnover in 2022, Grundfos, a large Danish company mainly manufacturing pumps for the global market has announced the dismissal of 120 employees. This will include 105 unskilled workers and 15 skilled workers in their manufacturing departments in Bjerringbro and Ålestrup. Despite the record turnover, sales have been less than expected and during the covid-19 pandemic the company built up a large stock which means that there is less need for new production. No dismissals has been made in Grundfos units outside Denmark. The local trade union shop stewards have negotiated the number of dismissals down from the initial plans and has secured severance agreements for the dismissed employees. 


Sources

Citation

Eurofound (2023), Grundfos , Internal restructuring in Denmark, factsheet number 109217, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109217.