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.
The Danish based international medical supplies company, Coloplast, announced that 300 jobs at the production plants in Thisted and Mørdrup will be terminated. The two factories employ a total work force of 700.
The job cuts are to take place during spring 2016 as part of a three-year innovation plan. Coloplast expects that the relatively long notice period will mean that some of the redundancies occur through natural wastage, but indicates aslo that firings are inevitable. The restructuring notice coincides with increased production capacity by the company in Hungary and China. All jobs lost in Denmark are production related. R&D will still take place in Denmark.
Coloplast has 9000 employees globally.
Eurofound (2015), Coloplast, Internal restructuring in Denmark, factsheet number 84710, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84710.