Tican to hire 350 amid competitor’s cutbacks

As Danish Crown hands out layoffs, rival Tican is set to hire roughly 350 new employees within a year, CEO Steen Sønnichsen tells media outlet Finans. Around 230 employees will be hired in the coming months, with 120 expected later next fall. This follows a strong uptick in Tican’s slaughters due to an increase in suppliers. Meanwhile, major supplier Martin Lund Madsen shifted a large portion of his pig slaughtering to Tican, away from Danish Crown, which recently announced a layoff of 500 salaried staff due to a reduction in pig slaughtering. Danish Crown’s new CEO, Niels Duedahl, sees Tican’s expansion as a sign of market value and aims to capitalize on Danish Crown’s market position. The layoffs coincide with Danish Crown closing several slaughterhouses, including one in Ringsted with 1200 employees, and another in 2023 in Sæby, leading to job losses. Tican, owned by German Tönnies, has about 1000 workers and slaughters 3.8 million pigs a year.