Jablonex Group

Type
Internal restructuring
Country
Czechia
Region
Severovychod; Liberecky;
Location of affected unit(s)
Jablonec nad Nisou
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23 - Manufacture of other non-metallic mineral products
185 jobs
Number of planned job losses
Job loss
Announcement Date
29 May 2009
Employment effect (start)
30 April 2009
Foreseen end date
31 May 2009

Description

Jablonex Group, a Czech glass and jewellery maker, has announced restructuring measures involving 185 job losses. 115 job cuts occurred in April 2009 and another 70 are to be implemented by the end of May 2009. In 2005, the company employed 3,900 workers. As a result of the restructuring the total workforce will be reduced to 1,500.

Sources

Citation

Eurofound (2009), Jablonex Group, Internal restructuring in Czechia, factsheet number 69047, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69047.