Crisplant

Type
Internal restructuring
Country
Denmark
Region
Århus amt;
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.
150 jobs
Number of planned job losses
Job loss
Announcement Date
10 August 2003
Employment effect (start)
1 June 2003
Foreseen end date

Description

In May 2003 Crisplant fired 200. Now they have managed to change the strategy of redundances so that so far around 150 will be directly dismissed. 108 employees will continue to work. One week in work, one week of further training and one week they will receive a daily social benefit. This way Crisplant hopes to keep the employees until the recession is over and production will increase again.

Sources

  • 11 August 2003: Børsen

Citation

Eurofound (2003), Crisplant, Internal restructuring in Denmark, factsheet number 59598, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59598.