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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
500 - 700 jobs Number of planned job losses
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59719.
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