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.
The Czech state rail operator Czech Railways has announced around 300 jobs to be made redundant in the South Moravia regional unit at the beginning of December 2024.
The reason for the internal restructuring is a decrease in operations in the region and a new contract for the operation of the Moravia units. The redundancy applies to train drivers and cashiers.
Workers at risk of layoffs will be given the option of retraining to become, for example, a train driver, or they will be offered vacant positions within other Czech Railways companies.
Eurofound (2024), České dráhy (ČD), Internal restructuring in Czechia, factsheet number 201210, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201210.