Type
Bankruptcy
Country
Czechia
Region
Location of affected unit(s)
NA
Sector
Agriculture
Agriculture, Forestry And Fishing
Forestry And Logging
02.1 - Silviculture and other forestry activities

300 jobs
Number of planned job losses
Job loss
Announcement Date
23 April 2014
Employment effect (start)
23 April 2014
Foreseen end date

Description

The Czech forest and wood processing company Less & Forest has announced 300 job losses due to bankruptcy. As reported, the job cuts will affect people from all over the country, particularly in small villages. 


Sources

  • 23 April 2014: Hospodárske noviny

Citation

Eurofound (2014), Less & Forest, Bankruptcy in Czechia, factsheet number 76898, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76898.