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Bang & Olufsen terminates every ten employees.
45 repliesLocked
tick tock tick tock....
Very sad indeed.
An expected sales decrease of 20-29% is also quite alarming
The Corona crisis will the end I guess :-(
My B&O Icons:
Unfortunate whenever a company has to let employees go. Getting back to growth is tough and the company is in a rebuilding mode. The newer products will need to compete in a much more price sensitive market. I believe the new products are in the right direction. Hopefully they can turn it around since they have excellent audio and the best design in the industry. I hope they survive. B&O is one of my two favorite brands in the world :)
Well, at least in customer support B&O has SO much slack.../sThe redundancies will primarily take place in support functions in Denmark. - Click here . https://translate.google.com/translate .
Ten percent? Luxury. I worked at one aerospace firm where we went from 16,000 employees down to 3700 in a year.
Another 80% to be replaced by chinese,I guess...
Location: Split,Croatia
The brand will not go to its 100 years. It's sad.
If you can buy the product of your dreams before the end, do it.
But what if the product of my dream was a special 100th years edition A9??? 😐
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