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.
Czech coal mining company OKD has announced 800 redundancies during 2015 due to the low coal prices on world markets that have caused a steady decline in OKD's output by one million tons. The first 300 workers will be dismissed by the end of April 2015. The remaining redundant employees (500) will leave the company through natural attrition (retirement).
Eurofound (2015), OKD, Internal restructuring in Czechia, factsheet number 78477, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78477.