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.
OP Prostějov, one of the most important Czech producers of men and ladies clothing, has announced a restructuring plan resulting in about 660 job losses. The two manufacturing facilities of Ostrava and Loštice will be closed and over 500 people will be dismissed. The company is also planning to reduce the workforce at its main plant in Prostějov, where about 160 jobs will be cut from a total of 3,000 staff. The reason reported for the restructuring is a shortage of skilled workers.
Eurofound (2008), OP Prostějov, Internal restructuring in Czechia, factsheet number 66560, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66560.