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02/12/02 . author unknown . Yahoo! News . Denmark
McDonald's closing 13 restaurants in Denmark
(also McDonald's Closes Down All Stores In Bolivia)
COPENHAGEN, Denmark - McDonald's Denmark said Monday it will close 13 Danish restaurants and lay off 371 workers, part of the company's global restructuring plan.
Last month, McDonald's Corp., based in Oak Brook, Illinois, said it would close 175 restaurants in 10 countries, and restructure or cease operations in seven Middle Eastern and Latin American nations, eliminating 600 jobs.
"This is part of the global restructuring," company spokesman Kristian Scheef Madsen said. The company didn't say when the closings in Denmark would start.
McDonald's Denmark chose to close restaurants that were too small to be profitable or were no longer strategically located because of changes in traffic patterns.
The local branch of McDonald's said it was not ceasing its operations in Denmark. It is opening a restaurant this month in Vejle, in western Denmark. Another was opened on the Baltic Sea island of Bornholm in June.
McDonald's entered entered the Danish market in 1980 and operates 96 restaurants in this Scandinavian country of 5.3 million. After the layoffs, the company will employ 3,500 workers.
McDonald's currently operates in 121 countries and has 30,000 restaurants worldwide, less than half of them in the United States
McDonald's Closes Down All Stores In Bolivia
McDonald's Bolivian stores closed down permanently on Saturday 29th
November. This is a result of the corporation's global restructuring plan
in which they plan to pull out of at least 7 other countries too.