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.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
200 jobs Number of planned job losses
Announcement Date
22 December 2010
Employment effect (start)
20 December 2010
Foreseen end date
Description
On 22 December 2010, Insurance company Česká pojišťovna has announced about 200 job cuts out of a total 1,000 staff at its head-office located in Prague in order to increase effectiveness. Dismissals have already started and will affect mainly supporting departments (IT, accounting and personnel services). Česká pojišťovna is a member of Generali PPF Holding B.V. which operates in 14 Central and Eastern European countries.
Sources
22 December 2010: Lidové Noviny
Citation
Eurofound (2010), Česká pojišťovna, Internal restructuring in Czechia, factsheet number 71344, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71344.
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