Location of affected unit(s):
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Foreseen End Date:
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.