Česká pojišťovna

Type
Internal restructuring
Country
Czechia
Region
Česko; Praha; Hlavní město Praha
Location of affected unit(s)
Prague
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
200 jobs
Number of planned job losses
Job loss
Announcement Date
22 December 2010
Employment effect (start)
20 December 2010
Foreseen end date

Description

On 22 December 2010, Insurance company Česká pojišťovna has announced about 200 job cuts out of a total 1,000 staff at its head-office located in Prague in order to increase effectiveness. Dismissals have already started and will affect mainly supporting departments (IT, accounting and personnel services). Česká pojišťovna is a member of Generali PPF Holding B.V. which operates in 14 Central and Eastern European countries.

Sources

  • 22 December 2010: Lidové Noviny

Citation

Eurofound (2010), Česká pojišťovna, Internal restructuring in Czechia, factsheet number 71344, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71344.