Company/Organisation:
Latecoere Czech Republic
Geographic Location
Country:
Czechia
Region:
Hlavni mesto Praha; Praha
Location of affected unit(s):
Prague
Company
Sector:
Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery
Number Employed:
650
Employment Effects
Announcement Date:
23-06-2020
Planned Job Reductions min:
272
Type of Restructuring:
Internal restructuring
Employment Effect Start:
31-03-2020
Direct Dismissals:
272
Additional Information
Latecoere Czech Republic, local subsidiary of the French aviation component manufacturer, which produces aircraft doors at the Prague site, began layoffs due to a lack of orders caused by the COVID-19 crisis. At the end of May, a total of 212 permanent workers (almost a third of the staff) lost their jobs. In addition, the company had to lay off 60 agency workers in March. The main customers of the Prague plant are the aircraft manufacturers Airbus and Boeing. Orders from Airbus fell by 40 to 50 per cent, those from Boeing stopped completely. The mass redundancies at Latecoere may not be the last.
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