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.
(61 - 63) Information / Computing 62 - Computer programming, consultancy and related activities 62.2 - Computer consultancy and computer facilities management activities 62.20 - Computer consultancy and computer facilities management activities
120 jobs Number of planned job losses
Announcement Date
5 August 2014
Employment effect (start)
6 August 2014
Foreseen end date
31 August 2014
Description
Danish IT-consultancy company KMD announced plans to cut 120 jobs. As reported the cost saving measure is due to a competitive global environment in the sector and falling prices. KMD has 3,000 employees and is one of the biggest firms in the sector in Denmark. For a previous restructuring event see KMD-2013.
Eurofound (2014), KMD, Internal restructuring in Denmark, factsheet number 77398, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77398.
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