EMCC European Monitoring Centre on Change

ŽSR

Company/Organisation:
ŽSR

Geographic Location

Country: Slovakia

Company

Sector: Transportation / storage
Transportation and storage
52.21 - Service activities incidental to land transportation
Number Employed: 17000

Employment Effects

Announcement Date: 03-03-2011
Planned Job Reductions min: 1700
Planned Job Reductions max: 1700
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-04-2011
Foreseen End Date: 30-06-2011
Direct Dismissals: 1700

Additional Information

Železnice Slovenskej republiky (ŽSR), a public railway infrastructure company, will dismiss 1,700 out of about 17,000 employees till the end of June 2011. Dismissals are attributed to the implementation of the recovery plan approved by the government.