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.
Zetor, a traditional Czech manufacturer of tractors, is to cut 185 jobs out of 850 due to the global economic crisis. Zetor has been facing economic difficulty (loss of CZK 32 million in 2008) since early 2009 and has already dismissed 150 employees. As of November 2009, there is no information on when planned job losses are to be implemented by.
Eurofound (2009), Zetor, Internal restructuring in Czechia, factsheet number 69827, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69827.