Type
Merger/Acquisition
Country
Denmark
Region
KĂžbenhavn og Frederiksberg kommuner;
Location of affected unit(s)
Copenhagen
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.1 - Publishing of books, periodicals and other publishing activities

118 jobs
Number of planned job losses
Job loss
Announcement Date
29 June 2007
Employment effect (start)
1 September 2007
Foreseen end date

Description

Eniro, a firm that is engaged in the book publishing sector and that also operates an internet search engine, is to make 118 redundant in the wake of the firm's acquisition of the Danish firm Krak in May 2007. After the takeover, many of the job functions of the two firms were identical, and the job cuts are an attempt to rationalise the combined job functions. The Director of Eniro has stated that the redundancies will affect employees in the separate companies equally. Eniro and Krak employ a total of 680 in Denmark. The job cuts will take affect from September 1st 2007.


Sources

  • 29 June 2007: Net-redaktionen.dk

Citation

Eurofound (2007), Eniro Denmark, Merger/Acquisition in Denmark, factsheet number 65752, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65752.