Type
Internal restructuring
Country
Czechia
Region
Stredni Cechy; Stredocesky;
Location of affected unit(s)
Kladno
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

100 jobs
Number of planned job losses
Job loss
Announcement Date
6 March 2009
Employment effect (start)
Foreseen end date
31 March 2009

Description

Poldi, a Czech machinery company located in Kladno, has announced its saving plan that envisages 100 job cuts (out of about 700) to be implemented by the end of March 2009 due to the global economic downturn. The company has also launched a 4-day work week since the beginning of March 2009. Employees are getting 60% of their wages.


Sources

  • 6 March 2009: Hospod├írske noviny

Citation

Eurofound (2009), Poldi, Internal restructuring in Czechia, factsheet number 68438, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68438.