Sauer-Danfoss

Type
Internal restructuring
Country
Denmark
Region
Danmark; Syddanmark;
Location of affected unit(s)
Nordborg, Kolding
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
400 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2009
Employment effect (start)
1 March 2009
Foreseen end date
31 July 2009

Description

Sauer-Danfoss, producer of hydraulic equipment is to cut another 400 jobs, this time in Nordborg (325 production workers) and Kolding (75 white-collar workers). The employees are shocked by this new round of dismissals, not the least due to the high amount of job losses and the fact that it only recently announced the closure of its Odense plant with the loss of 210 jobs in December 2008. According to Sauer-Danfoss, the company's personnel department will initiate a series of support measures for the employees affected. Sauer-Danfoss is an American listed company which is 55% owned by Danfoss, also based in Nordborg.

As reported, Denmark has applied for assistance from the European Globalisation Adjustment Fund (EGF).

Sources

Citation

Eurofound (2009), Sauer-Danfoss, Internal restructuring in Denmark, factsheet number 67970, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67970.