Danish meat giant Danish Crown revealed yesterday [Tuesday] that it has laid off 115 employees at its former headquarters of Steff-Houlberg in Ringsted, eastern Denmark.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Danish Crown was formed at the beginning of this year, after the merger of Danish meat producers Danish Crown and Steff-Houlberg. Daka, the meat and bone meal (MBM) producer and new owner of the Steff-Houlberg administration building, has said that it will hire fourteen of the staff members who have been made redundant.
The company said that the lay-offs would slash its annual expenditure by 50m Danish crowns (US$6.1m).
