Type
Internal restructuring
Country
Czechia
Region
Moravskoslezsko; Moravskoslezsky;
Location of affected unit(s)
Bohumín
Sector
Manufacturing
Manufacture of metals
Manufacture of fabricated metal products, except machinery and equipment
25.4 - Forging and shaping metal and powder metallurgy

500 jobs
Number of planned job losses
Job loss
Announcement Date
12 May 2009
Employment effect (start)
Foreseen end date
30 September 2009

Description

ŽDB Group, a Czech metallurgical company has announced to cut 500 out of 2,500 jobs by the end of September 2009 due to a sharp fall in customer orders. The company has reported that about 500 jobs have been already lost since January 2009 as a consequence of the global crisis. Trade unions are ready to call a protest meeting against further dismissals.


Sources

  • 12 May 2009: Právo-Severní Morava

Citation

Eurofound (2009), ŽDB Group, Internal restructuring in Czechia, factsheet number 68926, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68926.