LEGO

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Billund (Denmark), other locations
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
500 - 700 jobs
Number of planned job losses
Job loss
Announcement Date
15 March 2004
Employment effect (start)
1 March 2004
Foreseen end date
1 March 2006

Description

LEGO employ 8,000 people worldwide. On March 15, the company's owner, Mr Kirk Kristiansen, announced the redundancy of about 500 employees worldwide. One third of these will take place in Denmark at the headquarters in Billund. A first round of redundancies (257) already took place there in January 2003. As soon as April, 170 employees will be dismissed, hereof 100 in Denmark. The other job cuts will occur before 2006.

Sources

  • 16 March 2004: Berlingske Tidende

Citation

Eurofound (2004), LEGO, Internal restructuring in World, factsheet number 59719, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59719.