Madeta

Type
Internal restructuring
Country
Czechia
Region
Jihozapad; Jihocesky;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.5 - Manufacture of dairy products
100 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2010
Employment effect (start)
Foreseen end date
30 June 2011

Description

Madeta, the largest Czech diary supplier, has announced 100 cuts to its 1,700 person workforce by mid-2011 due to the global financial crisis. About 168 workers have already been dismissed this year. The company's restructuring plan also includes the closure of two out of their six diary plants. As of October 2010, there is no information on which factories will be affected.

Sources

  • 18 October 2010: LidovĂ© Noviny

Citation

Eurofound (2010), Madeta, Internal restructuring in Czechia, factsheet number 71114, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71114.