Zetor Tractors

Type
Internal restructuring
Country
Czechia
Region
Česko; Jihovýchod; Jihomoravský kraj
Location of affected unit(s)
Brno
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
130 jobs
Number of planned job losses
Job loss
Announcement Date
22 January 2009
Employment effect (start)
Foreseen end date
31 January 2009

Description

Zetor Tractors, a Czech producer of agricultural vehicles, has announced that it is to cut about 130 jobs out of 1,100 by the end of January 2009 due to production squeeze following a sharp decline of customer orders. The company has also negotiated with trade union a four-day working week.

Sources

  • 22 January 2009: Hospodárske noviny

Citation

Eurofound (2009), Zetor Tractors, Internal restructuring in Czechia, factsheet number 67894, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67894.