Type
Closure
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
Most
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining Of Coal And Lignite

485 - 500 jobs
Number of planned job losses
Job loss
Announcement Date
9 May 2024
Employment effect (start)
1 June 2024
Foreseen end date

Description

The mining company Severní energetická has announced plans to terminate brown coal mining at the ČSA mining site in Most. As a result, the company will lay off approximately 500 employees.

Mining will be closed down in a controlled manner within the next few months. About 485 job cuts will occur between May and July 2024.The layoffs concern job positions such as operational locksmiths, electricians, drivers, mechanics, and other technical professions.

All dismissed employees will receive an above-standard severance pay amounting to eight times their salary.


Sources

Citation

Eurofound (2024), Severní energetická, Closure in Czechia, factsheet number 201153, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201153.