Meat producer Danish Crown targets $77.9m in efficiency gains by consolidating management layers and integrating global operations.
Danish Crown will cut approximately 800 jobs over the next three years as part of a restructuring plan to streamline operations. The move aims to generate DKr500m ($77.9m) in efficiency improvements by reducing management layers and integrating business units across countries.
The co-op, which operates eight business units globally, reported a decline in half-year operating profits last month. The restructuring will affect managers and white-collar employees, with leadership roles redefined to create a more unified organizational structure.
CEO Niels Ulrich Duedahl stated the company will shift from independent business units to a fully integrated group with shared standards and systems. The changes are expected to simplify decision-making and improve cross-border collaboration.