Type
Internal restructuring
Country
Czechia
Region
Stredni Morava; Zlinsky;
Location of affected unit(s)
Bystřice pod Hostýnem
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

170 jobs
Number of planned job losses
Job loss
Announcement Date
1 December 2008
Employment effect (start)
Foreseen end date

Description

TON , a Czech furniture manufacturer based in Bystřice pod Hostýnem, has announced that it is to cut 170 out of a total of 1,200 jobs due to the decline of customer orders accentuated by the global financial crisis. As of December 2008, there is no information on when the job cuts are to be implemented by.


Sources

  • 1 December 2008: Hospodárske noviny

Citation

Eurofound (2008), TON, Internal restructuring in Czechia, factsheet number 67535, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67535.