Type
Internal restructuring
Country
Denmark
Region
Ringkøbing amt;
Location of affected unit(s)
Struer
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

300 jobs
Number of planned job losses
Job loss
Announcement Date
20 October 2008
Employment effect (start)
1 November 2008
Foreseen end date

Description

In October 2008, Bang & Olufsen, a Danish manufacturer of audio and visual products, announced that it is to cut 300 jobs due to the financial crisis. 150 job losses will be achieved through direct dismissals and another 150 through natural wastage. The 3F shop steward announced that measures for re-training will be initiated as soon as possible.


Sources

  • 21 October 2008: 3F.DK

Citation

Eurofound (2008), Bang & Olufsen, Internal restructuring in Denmark, factsheet number 67284, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67284.