Type
Internal restructuring
Country
Slovakia
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

1,136 jobs
Number of planned job losses
Job loss
Announcement Date
30 July 2004
Employment effect (start)
1 July 2004
Foreseen end date
31 December 2004

Description

Zeleznice Slovenskej republiky (Railways of the Slovak Republic) dismissed, in the framework of its long-term restructuring programme, 380 employees in the first half of 2004. At the end of June 2004, the company had 18,045 employees. The company management plans a further reduction of 377 employees by the end of 2004. Continuous staff reduction is planned until the end of 2007 when about 17,000 employees are expected to work there.


Sources

  • 6 September 2004: SME
  • 30 July 2004: SME
  • 12 May 2005: SME

Citation

Eurofound (2004), Zeleznice Slovenskej republiky, Internal restructuring in Slovakia, factsheet number 60485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60485.