Demant in major cost-cutting round: 700 employees globally may be affected
The Danish hearing aid company Demant plans to undergo a cost-saving exercise over the next two years, expected to impact 700 employees worldwide, with 150 of those in Denmark, due to lower market growth in the hearing aid sector.
Hundreds of employees in Danish audio company affected by savings plan
Danish audio company Demant announces a savings plan that will affect around 700 employees globally, including approximately 150 in Denmark, as it aims for annual savings of 500 million Danish kroner.