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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.60 - Manufacture of irradiation, electromedical and electrotherapeutic equipment
85 jobs Number of planned job losses
Announcement Date
21 October 2013
Employment effect (start)
31 October 2013
Foreseen end date
Description
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.
Sources
21 October 2013: 3F.DK
21 October 2013: Borsen.dk
Citation
Eurofound (2013), Widex, Internal restructuring in Denmark, factsheet number 76169, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76169.
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