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Danfoss impacted by trade war, lays offs 300 employees

Danfoss will dismiss 300 employees around the world, and 70 of these layoffs will take place in Denmark. The trade war is the primary culprit.

Photo: Danfoss/PR

Danfoss, which is known for installing thermostats, is dismissing 70 employees in Denmark.

This is part of a larger round of layoffs, where 300 employees globally are losing their jobs according to Danfoss' head of press, Mikkel Thrane. In Denmark the layoffs will primarily take place in Nordborg, Vejle, Kolding, Hasselager and Silkeborg.

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