Type
Internal restructuring
Country
Denmark
Region
Sønderjyllands amt;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

198 jobs
Number of planned job losses
Job loss
Announcement Date
26 August 2010
Employment effect (start)
Foreseen end date

Description

Linak, a producer of electric actuator systems, is to dismiss 198 workers due to a sharp decline in demand for mechanical and electronic machinery and financial pressures.

As reported, Denmark has applied for assistance from the European Globalisation Adjustment Fund (EGF) based on restructuring that took place in the company in 2009. 


Sources

  • 2 August 2010: Montesquieu Institute
  • 27 August 2010: Agence Europe

Citation

Eurofound (2010), Linak, Internal restructuring in Denmark, factsheet number 71979, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71979.