České dráhy (Czech Railways)

Type
Internal restructuring
Country
Czechia
Region
Česko;
Location of affected unit(s)
Sector
Transportation / Storage
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
300 jobs
Number of planned job losses
Job loss
Announcement Date
12 March 2011
Employment effect (start)
Foreseen end date
31 December 2011

Description

České dráhy ( (Czech Railways) has announced its plan to cut 300 jobs by the end of 2011. The restructuring will mainly affect employees in administrative positions. It is the second largest employer in the country currently employing 26,674 people. In 2010, the company announced between 500 and 600 job cuts (see related fact sheet).

Sources

  • 12 March 2011: Finanční noviny

Citation

Eurofound (2011), České dráhy (Czech Railways), Internal restructuring in Czechia, factsheet number 71720, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71720.