Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Norway, Denmark, UK, and other countries
Sector
Administrative Services
Office Administrative, Office Support And Other Business Support Activities
Office Administrative, Office Support And Other Business Support Activities
82 - Office administrative, office support and other business support activities

200 jobs
Number of planned job losses
Job loss
Announcement Date
19 January 2009
Employment effect (start)
1 February 2009
Foreseen end date
31 July 2009

Description

Aktiv Kapital, a Norwegian debt collection company, has announced to cut more than 200 jobs worldwide in 2009 as part of a global cost-cutting programme. The objective is to reduce the cost by more than 10%, improve profitability and prepare the company for more financially challenging times. As of January 2009, 32 jobs will be lost in Norway, around 40 in UK and 25 in Denmark.

There is no additional information on other locations affected by the restructuring and the number of job losses in other countries. The company operates in Europe with offices in Austria, Denmark, France, Finland, Germany, Norway, Sweden, Switzerland, Spain, UK, as well as in Canada.

There is only limited information on the actual implementation of the job losses in the affected countries. In Norway, some of the 32 redundant workers will be offered other positions in other locations.


Sources

  • 20 January 2009: Aftenposten
  • 19 January 2009: Hugin Online

Citation

Eurofound (2009), Aktiv Kapital, Internal restructuring in World, factsheet number 67898, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67898.