Type
Internal restructuring
Country
Slovakia
Region
Location of affected unit(s)
NA
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

231 jobs
Number of planned job losses
Job loss
Announcement Date
3 March 2011
Employment effect (start)
1 April 2011
Foreseen end date
31 May 2011

Description

Železnična spoločnosť Slovensko (ZSSK), a public passenger transport railway company, will dismiss 231 out of 4,900 employees till the end of May 2011. Dismissals are attributed to the implementation of the recovery plan for railways. The job cuts will reduce the operation costs by about € 880,000 in 2011. Transport on several dozens of scheduled lines will be reduced and some regional lines will be even terminated.


Sources

  • 3 March 2011: Pravda

Citation

Eurofound (2011), ZSSK, Internal restructuring in Slovakia, factsheet number 71798, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71798.