Restructuring events
European Restructuring Monitor (ERM)
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.
The Czech car maker Škoda Auto is to cut 300 jobs out of 3,800 as of January 2010 with the suppression of the third work shift following the slowdown in customer orders for Fabia model. The job cuts will affect temporary agency workers. The company's management has negotiated with union officials the introduction of working time accounts in order to keep the employment level stable.
Eurofound (2009), Škoda Auto, Internal restructuring in Czechia, factsheet number 69758, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69758.