# Glen Dimplex announces 300 redundancies and €50M investment in Irish restructuring

Glen Dimplex announced a restructuring of its Irish operations, including up to 300 net redundancies between late 2024 and 2026, and a €50 million investment. The company will consolidate from five sites to three, focusing on low carbon heating and ventilation solutions.

- Type: Closure
- Announced: 2024-02-08
- Where: Ireland, Ireland
- Value: $54.0M (50.0M EUR)
- Jobs: -300
- Status: announced
- Products: heat pumps, home appliances
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Glen Dimplex Group](https://endata.com/companies/73154.md)

## Sources

- [irishexaminer.com](https://www.irishexaminer.com/business/companies/arid-41327365.html), 2024-02-08: "We aim to mitigate the impact on staff and minimise redundancies through natural attrition and voluntary measures."
- [irishtimes.com](https://www.irishtimes.com/business/2024/02/08/glen-dimplex-to-close-two-sites-in-ireland-with-up-to-300-redundancies/), 2024-02-08: "Manufacturing group Glen Dimplex has announced plans for a major reorganisation of its operations in Ireland which will see it consolidate from five sites to three, with the potential for up to 300 redundancies in the next two years."
- [independent.ie](https://www.independent.ie/regionals/louth/business/glen-dimplex-to-invest-15million-in-louth-but-jobs-cuts-planned-for-later-in-2024/a382563830.html), 2024-02-08: "Glen Dimplex to invest €15million in Louth but jobs cuts planned for later in 2024"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.