Type
Internal restructuring
Country
Czechia
Region
Location of affected unit(s)
Sector
Financial Services
Activities Auxiliary To Financial Services And Insurance Activities
Activities Auxiliary To Financial Services And Insurance Activities
66 - Activities auxiliary to financial services and insurance activities

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

Description

Czech banking group ČSOB has announced 250 redundancies at the end of June 2013, representing 3.2% of its overall employment. This is a lower percentage than the originally estimated 6% at the end of 2012, when the group employed 7,820 people (see ČSOB 2012 ).The redundancies are due to cost-saving measures.


Sources

  • 1 July 2013: Hospodárske noviny

Citation

Eurofound (2013), ČSOB, Internal restructuring in Czechia, factsheet number 75645, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75645.