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.
(10 - 33) Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 15 - Manufacture of leather and related products of other materials 15 - Manufacture of leather and related products of other materials
1,150 jobs Number of planned job losses
Announcement Date
6 April 2009
Employment effect (start)
1 May 2009
Foreseen end date
Description
The Danish based producer of footwear, Ecco, announced 6 April that 1150 jobs wil be cut in four countries. The 565 employees in Denmark will not be affected by the redundancies, which will take place in Slovakia, Thailand, Indonesia and China. The reason for the dismissals is a decline in the sales of shoes.
Eurofound (2009), Ecco, Internal restructuring in World, factsheet number 68986, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68986.
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