The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53.1 - Postal activities under universal service obligation
120 jobs Number of planned job losses
Announcement Date
27 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
Description
National provider of universal postal services in Lithuania Lietuvos pastas will dismiss 120 employees by the beginning of May, 2009. According to the management, the main cause of the dismissals is a restructuring of main regional post offices. Due to restructuring, the number of people working in the administration of the branches will be reduced by 15.0%. In total more than 8,000 people work in Lietuvos pastas.
Sources
27 March 2009: Verslo zinios
Citation
Eurofound (2009), Lietuvos pastas, Internal restructuring in Lithuania, factsheet number 68634, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68634.
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