Type
Internal restructuring
Country
Slovenia
Region
Slovenija; Osrednjeslovenska;
Location of affected unit(s)
Slovenske železnice
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.1 - Passenger rail transport, interurban

450 jobs
Number of planned job losses
Job loss
Announcement Date
23 January 2013
Employment effect (start)
23 January 2013
Foreseen end date
30 June 2013

Description

Slovenske železnice (Slovenian Railways) have been a big loss maker for years and as a result of the cost-cutting measures, 450 more employees will be released.

Economic crisis has further deteriorated the situation in the company. As a consequence, the company has been reducing the number of employees since 2010 (see here). At the moment, the number of employees stands at 8150 and will be reduced to 7700 by June 2013.

Many of the proposed job cuts concern senior employees, as the number of managers will be reduced. In addition, the employees will undergo salary reduction by 10-40%.


Sources

  • 23 January 2013: Delo

Citation

Eurofound (2013), Slovenske železnice, Internal restructuring in Slovenia, factsheet number 74799, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74799.