Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Czech Television, a public television broadcaster in the Czech Republic, has announced that it will cut 250 jobs within two years due to savings of CZK 910 million (€ 36.7 million). The management of Czech Television plans to cut 50 jobs by the end of 2022 and another 200 job positions in the next two years. The reason is a decrease in the fair value of the concession fee. Czech Television plans to close some broadcasting channels, to limit investment in the production of its own programs and the purchase of broadcasting rights. CEO of the Czech Television, Petr Dvořák, has not yet specified job positions affected by the collective dismissal. He entered into negotiations with trade unions and assumes that the redundancies will be evenly distributed both in Prague and the regions.Czech Television currently employs around 3,000 people.
Eurofound (2022), Česká televize (Czech Television), Internal restructuring in Czechia, factsheet number 106894, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106894.