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) plants to cut 317 jobs out of its 4,000 current staff by the end of 2011. In 2010, ČSA announced 280 redundancies with immediate effect and another 500 to be carried in the long run (also see related fact sheet).
Sources
12 March 2011: Finanční noviny
Citation
Eurofound (2011), ČSA (Czech Airlines), Internal restructuring in Czechia, factsheet number 71719, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71719.