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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
200 - 600 jobs Number of planned job losses
Announcement Date
21 January 2009
Employment effect (start)
31 January 2009
Foreseen end date
31 December 2009
Description
ČSOB, a bank which is part of Belgium's KBC Group, is to cut from 500 to 600 jobs out of 10,000 across the Czech Republic during 2009 due to the current economic slowdown. It was reported that over 200 people are to quit the company by the end of January 2009.
Sources
21 January 2009: Hospodárske noviny
Citation
Eurofound (2009), ČSOB, Internal restructuring in Czechia, factsheet number 67864, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67864.
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