Restructuring events
European Restructuring Monitor (ERM)
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.
Hearing aids manufacturer Widex is to cut 85 jobs. This amounts to 10% of its total workforce. The redundancies are to take place in production at the headquarters in Lynge and in the assembling site in Helsinge.
The redundancies are part of a costs-saving plan to increase competitiveness. As production is likely to be outsourced to Estonia in the next two years, more redundancies in Denmark can be expected in the future.
Widex had 850 employees in Denmark and around 3800 employees at global level.
Eurofound (2013), Widex, Internal restructuring in Denmark, factsheet number 76169, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76169.
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