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.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
120 jobs Number of planned job losses
Announcement Date
15 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
30 September 2009
Description
PFA Pension sheds 120 or every tenth job in the company due to a bad outlook for 2009. The risk for redundancies among the company's costumers is high and this will result in fewer and lower payments to the pension company, the management announced at a press conference 15 January 2009. The company will conduct activities to help the redundant employees into other jobs or training.
Sources
20 January 2009: politiken.dk
Citation
Eurofound (2009), PFA Pension, Internal restructuring in Denmark, factsheet number 67917, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67917.
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