Type
Internal restructuring
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining of coal and lignite

3,000 jobs
Number of planned job losses
Job loss
Announcement Date
9 February 2006
Employment effect (start)
Foreseen end date
31 December 2017

Description

Czech Coal Group, one of the major producers of brown coal in the Czech Republic, announced its restructuring plan. The company intends to dismiss one third of administrative staff in the first part of 2006 in order to lower wage costs, increase productivity and keep competitiveness. A further flow of dismissals would continue in 2007. About 3,000 people would loose their jobs by 2017 when ČSA mine is expected to be closed. Thousands of jobs would be threatened within linking activities.


Sources

  • 9 February 2006: Sondy

Citation

Eurofound (2006), Mostecká uhelná a.s., Internal restructuring in Czechia, factsheet number 63055, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63055.