Type
Internal restructuring
Country
Czechia
Region
Location of affected unit(s)
NA
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Postal And Courier Activities
53 - Postal and courier activities

150 jobs
Number of planned job losses
Job loss
Announcement Date
5 March 2019
Employment effect (start)
Foreseen end date
31 December 2019

Description

Czech state-owned postal company Česká pošta (Czech Post) is to reduce the number of employees in managerial and administrative positions by 15% during 2019, which translates to about 150 people. The reason is to save up to CZK 120 million (€4.6 million) a year.

Czech Post plans to increase employees’ wages by 10% from April 2019. The current average wage of state postal employees is around CZK 24,900 (€970), more than CZK 7,000 (€272) lower than the national average wage (about CZK 32,000 or € 1,246). As of March 2019, the company employs over 30,000 people.


Sources

Citation

Eurofound (2019), Česká pošta (Czech Post), Internal restructuring in Czechia, factsheet number 97340, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97340.