Sauer-Danfoss

Type
Internal restructuring
Country
Denmark
Region
Danmark; Syddanmark; Sydjylland
Location of affected unit(s)
Nordborg
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.
330 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 July 2009

Description

Truck hydraulic equipment manufacturer Danfoss is to cut 330 jobs at its plant in Nordborg in a new round of dismissals. Around 270 production employees in Nordborg and around 60 administrative employees will be made redundant according to the announcement by the management of the company on 17th March 2009. This is the third time that the company has cut its workforce since December 2008: the reason for the new round of lay-offs is a dramatic fall in most of the markets of Sauer-Danfoss in the 4th quarter of 2008.

Sources

Citation

Eurofound (2009), Sauer-Danfoss, Internal restructuring in Denmark, factsheet number 68728, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68728.