Location of affected unit(s):
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Zetor, a traditional Czech manufacturer of tractors, is to cut 185 jobs out of 850 due to the global economic crisis. Zetor has been facing economic difficulty (loss of CZK 32 million in 2008) since early 2009 and has already dismissed 150 employees. As of November 2009, there is no information on when planned job losses are to be implemented by.