Type
Internal restructuring
Country
Czechia
Region
Stredni Morava; Olomoucky;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13 - Manufacture of textiles

150 jobs
Number of planned job losses
Job loss
Announcement Date
14 June 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

Producer of linen and cotton textiles Moravolen Jeseník intends to dismiss 150 workers by the end of 2005 due to the lack of customer demand. It was stated that Czech textile industry as a whole lost more than 5,800 jobs during a one year period.


Sources

  • 14 June 2005: Hospodárske noviny

Citation

Eurofound (2005), Moravolen Jeseník, Internal restructuring in Czechia, factsheet number 61759, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61759.