Type
Internal restructuring
Country
Lithuania
Region
Lietuva; Kauno apskritis;
Location of affected unit(s)
Kaunas
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55 - Accommodation

114 jobs
Number of planned job losses
Job loss
80 jobs
Number of planned job creations
Job creation
Announcement Date
30 August 2006
Employment effect (start)
30 September 2006
Foreseen end date
30 September 2006

Description

According to the Lithuanian Labour Exchange (the country's employment office associated to the Ministry of Social Security and Labour) the Lithuanian company Takioji Neris that owns three hotels in Kaunas intends to dismiss 114 workers. According to the company's administration department, the main reason for the dismissals is the reorganisation of the company. The company is being sold to another owner, who will continue its activity and re-employ 80 dismissed workers.


Sources

  • 6 September 2006: Lithuanian Labour Exchange (www.ldb.lt)

Citation

Eurofound (2006), Takioji Neris, Internal restructuring in Lithuania, factsheet number 64092, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64092.