Bang & Olufsen

Type
Internal restructuring
Country
Denmark
Region
Danmark; Midtjylland; Vestjylland
Location of affected unit(s)
Struer
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
110 jobs
Number of planned job losses
Job loss
Announcement Date
15 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
30 September 2009

Description

On 15 January 2009, Bang & Olufsen, a Denmark-based producer of electronic audio and video equipment, announced that it is to cut 110 jobs at the headquarters in Struer by the end of September 2009 (Denmark). The management explains that the current economic crisis and a lower level of activity have forced the company to restructure its workforce. Worldwide Bang & Olufsen cuts 220 jobs out of 2,550. It is not known the number employed in Denmark.

Sources

  • 15 January 2009: 3F.DK

Citation

Eurofound (2009), Bang & Olufsen, Internal restructuring in Denmark, factsheet number 67856, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67856.