Heavier cuts than anticipated at Grundfos

Pump company in a push for profitability

The Danish pump manufacturer Grundfos is pulling out all of the stops to increase profitability, Berlingske reports.

The company announced in November that it would be cutting 405 jobs, and that the equivalent of 100 more would disappear by discontinuing temporary and consultancy contracts.

But now it has been disclosed that the total toll of the cutbacks will be equivalent of 850 jobs – once the positions that were planned to be filled and double functions due to restructuring are taken into account.

READ MORE: Grundfos to cut 405 jobs

Kim Nøhr Skibsted, the head of communications at Grundfos, explained the company’s decision to delay the announcement of the higher job count.

“We didn’t start out by saying 850 positions would be discontinued,” he said.

“Because it would have created uncertainty to mix unoccupied positions and planned positions that wouldn’t be advertised together with dismissals.”

Some of the company’s departments will also be merged to maximise efficiency. For example, all of its marketing functions will be housed in a single business unit.

“We need to identify where we can do things smarter,” Skibsted concluded.

Grundfos aims to triple its profit margin to ten percent by 2020.




  • Ryanair cancels all flights to and from Billund 

    Ryanair cancels all flights to and from Billund 

    Ryanair has increased its cuts from the Billund-Aalborg route to encompass its entire operation to and from Billund Airport. The airline’s scarce communication is leaving both the airport and passengers scrambling for answers.

  • What do Danes do for “Vinterferie”?

    What do Danes do for “Vinterferie”?

    As tradition has it, many Danes take a week off for Vinterferie next week. Or the week after. It’s a bit confusing, especially since Christmas and New Year’s Holiday are not far away. What’s going on?

  • The educational options for internationals in Denmark

    The educational options for internationals in Denmark

    Denmark offers free public education, but private schools and universities for non-EU students require tuition. Language is a barrier, with international schools available for children and limited English-taught university programs. In 2024, Denmark expanded university seats for internationals and introduced an HF-international program in Aarhus.

  • Aarhus Gymnasium is launching Denmark’s first HF program for internationals

    Aarhus Gymnasium is launching Denmark’s first HF program for internationals

    Aarhus Gymnasium is launching Denmark’s first HF-international program in August, offering young adult internationals an alternative to IB programs with a focus on career-oriented education and Danish language learning. Unlike IB, it reduces academic pressure while providing access to vocational schools and professional bachelor’s degrees

  • Top Danish companies report strong financial performance

    Top Danish companies report strong financial performance

    Some of Denmark’s leading companies reported solid financial results for 2024, with Lundbeck, Demant, and Vestas seeing growth, while Pandora tackled rising production costs with price increases and cost-saving measures.

  • Greenland restricts foreign property purchases and election donations

    Greenland restricts foreign property purchases and election donations

    These days, the Greenlandic institutions are approving two new norms to restrict, reduce, or ban the possibility for foreign citizens to buy real estate on the island, as well as for political parties to receive large amounts of money from foreign donors.