Okin BPS

Type
Offshoring/Delocalisation
Country
Czechia
Region
Česko; Moravskoslezsko; Moravskoslezský kraj
Location of affected unit(s)
Ostrava
Sector
Information / Computing
63 - Computing infrastructure, data processing, hosting and other information service activities
63.1 - Computing infrastructure, data processing, hosting and related activities
63.10 - Computing infrastructure, data processing, hosting and related activities
New offshoring locations
Not Available
505 jobs
Number of planned job losses
Job loss
Announcement Date
7 July 2020
Employment effect (start)
31 August 2020
Foreseen end date
28 February 2021

Description

Okin BPS, a digital technology solutions provider, will lay off 505 employees in Ostrava due to the cancellation of a contract for IT outsourcing with US telecommunications company Verizon that decided to move services to Asia. Verizon is reportedly moving the outsourcing out of Europe entirely.The company's statutory director Michal Jelínek stated that 206 employees would terminate their employment on 31 August, and another 299 people would leave the company by the end of February 2021. The company currently employs around 1,200 people.Okin BPS is a provider of services for companies such as sales network support, creation of technical solutions and provision of technical support and multilingual customer support.

Citation

Eurofound (2020), Okin BPS, Offshoring/Delocalisation in Czechia, factsheet number 101229, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101229.