EMCC European Monitoring Centre on Change

Zetor Tractors

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.