Type
Internal restructuring
Country
Czechia
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

100 jobs
Number of planned job losses
Job loss
Announcement Date
4 November 2008
Employment effect (start)
Foreseen end date

Description

České dráhy (Czech Railways) has announced a restructuring plan resulting in 100 job cuts in the company's management board. The decision is attributed to the need to increase effeciency and save hundreds of million CZK a year. About 1,500 people across 53 Czech cities work in the Czech Railway's management board. As of November 2008, there is no information on when dismissals are to be implemented by.


Sources

  • 4 November 2008: Hospodárske noviny

Citation

Eurofound (2008), České dráhy (Czech Railways), Internal restructuring in Czechia, factsheet number 67325, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67325.