Type
Internal restructuring
Country
Czechia
Region
Location of affected unit(s)
NA
Sector
Agriculture
Agriculture, Forestry And Fishing
Forestry And Logging
02 - Forestry and logging

340 jobs
Number of planned job losses
Job loss
Announcement Date
27 March 2009
Employment effect (start)
Foreseen end date
31 March 2011

Description

Lesy ÄŒR, a Czech state-owned forestry company, has released its restructuring plan that envisages 340 job cuts to be implemented within two years (by March 2011). The firm administers more than a half of woodland in the Czech Republic and currently employs 3,500 people


Sources

  • 27 March 2009: Hospodárske noviny

Citation

Eurofound (2009), Lesy ÄŒR, Internal restructuring in Czechia, factsheet number 68614, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68614.