KMD lays off 120

Competition and falling prices forcing IT company to cut costs, says boss

What goes up, must come down … Especially in the Danish summer (photo: Pixabay)
August 7th, 2014 2:00 pm| by admin
facebooktwittergoogle_pluspinterestmail

IT company KMD announced that they are cutting 120 positions. KMD head Eva Berneke said that the job cuts – necessary due to dropping prices and greater competition – will be scattered widely throughout the company.

"To be an attractive supplier in the market right now – and in the future – KMD must be competitive pricewise,” Berneke told Version2 in a comment.

This is the third round of firings in recent history for the company. There were two in 2013, the first costing around 100 jobs and the second trimming another 244.

READ MORE: SAS to lay off hundreds after disappointing results

“Losing skilled employees is hard,” Berneke said in a statement. “But, to be a major player that wins customers, we must ensure that KMD is a fundamentally sound business, and that requires keeping an eye on costs.”

Eva Berneke came to KMD from a position as Director of TDC Business and was appointed as KMD head in January.

What goes up, must come down … Especially in the Danish summer (photo: Pixabay)
Heatwave over: cold and windy weather on the way
Clearly, the weather gods are looking down at us and thinking: "Alright, y...
Experts call the industry a "breeding ground for mistakes" (photo: pixabay)
Construction one of Denmark’s most dangerous jobs
Every day of the year, there are an average of 13 accidents in construction...
Khalil is accused of murdering his sister in Horsens last December (photo: Wolfman)
Suspected murderer turns up in Athens
A 25-year-old Syrian man charged with murdering his sister in Denmark last ...
More people preferring to stay in private homes (photo: iStock)
AirBnb more popular than ever in Denmark
More and more Danes are renting out their private homes via the online lodg...
The Skagen Lighthouse opened way back in 1858 (photo: Naturstyrelsen)
Skagen Lighthouse to become bird sanctuary
The iconic Skagen Lighthouse in north Jutland will be transformed into a mo...
The summer weather may be here, but so are the jellyfish … And they are here to ruin your beach swims (photo: Alexander Vasenin)
Army of jellyfish invading Denmark
An army of jellyfish has arrived at the Danish coastline near Vraget Beach...