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.
Transportation / Storage 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines
4,000 jobs Number of planned job losses
Announcement Date
20 December 2007
Employment effect (start)
Foreseen end date
31 December 2009
Description
České Dráhy (Czech Railways), the largest state-owned company and the biggest Czech employer, is to cut approximately 4,000 jobs by the end of 2009. The government has approved a social plan allocating 684 million CZK to compensate for the expected redundancies. The company currently employs about 53,000 people.
Background information on the restructuring in České Dráhy is available on the European Industrial Relations Observatory (EIRO).
Sources
20 December 2007: Hospodárske noviny
Citation
Eurofound (2007), České Dráhy (Czech Railways), Internal restructuring in Czechia, factsheet number 66139, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66139.