Company/Organisation:
Zetor Tractors
Geographic Location
Country:
Czechia
Region:
Jihomoravsky; Jihovychod
Location of affected unit(s):
Brno
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed:
1100
Employment Effects
Announcement Date:
22-01-2009
Planned Job Reductions min:
130
Planned Job Reductions max:
130
Type of Restructuring:
Internal restructuring
Foreseen End Date:
31-01-2009
Additional Information
Zetor Tractors, a Czech producer of agricultural vehicles, has announced that it is to cut about 130 jobs out of 1,100 by the end of January 2009 due to production squeeze following a sharp decline of customer orders. The company has also negotiated with trade union a four-day working week.
Sources:
22-01-2009Hospodárske noviny