Telefónica O2 Czech Republic

Type
Internal restructuring
Country
Czechia
Region
Česko;
Location of affected unit(s)
Sector
Information / Computing
61 - Telecommunication
61 - Telecommunication
61 - Telecommunication
400 jobs
Number of planned job losses
Job loss
Announcement Date
19 May 2010
Employment effect (start)
Foreseen end date
31 December 2010

Description

Telecommunications company Telefónica O2 Czech Republic has announced 400 job cuts (out of 8,000 jobs) by the end of 2010 in order to increase effectiveness. The firm had already reduced the workforce by 370 in 2009.

Sources

  • 19 May 2010: Právo

Citation

Eurofound (2010), Telefónica O2 Czech Republic, Internal restructuring in Czechia, factsheet number 70616, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70616.