Správa železniční dopravní cesty (SŽDC)

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
500 jobs
Number of planned job losses
Job loss
Announcement Date
27 December 2011
Employment effect (start)
1 January 2012
Foreseen end date
1 April 2012

Description

Správa železniční dopravní cesty (SŽDC), the Czech state railway administration, is to cut 500 jobs in the frame of a restructuring plan announced for the period January to April 2012. The workforce reduction will affect especially employees in the administration.

The job cuts are part of a cost saving programme approved by the government. The company had previously announced cuts up to 1950 jobs for 2010 and 2011 (see here).

Currently, the company employs roughly 18,000 people across the Czech Republic.

Sources

  • 27 December 2011: Finanční noviny

Citation

Eurofound (2011), Správa železniční dopravní cesty (SŽDC), Internal restructuring in Czechia, factsheet number 72907, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72907.