Restructuring events
European Restructuring Monitor (ERM)
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.
The national air carrier Czech Airlines (ČSA) will have to cut 330 jobs under a recovery plan the government approved on 3 May 2010. Czech Airlines made a CZK 3.7 billion loss last year and then will have to cut its aircraft fleet by one third. As of May 2010, there is no information on when job losses will be implemented by.
Eurofound (2010), Czech Airlines (ČSA), Internal restructuring in Czechia, factsheet number 70507, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70507.