The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(64 - 68) Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.11 - Central banking
1,200 jobs Number of planned job creations
Announcement Date
16 February 2007
Employment effect (start)
Foreseen end date
31 December 2007
Description
“We want to be more aggressive” says Laurent Goutard, Managing Director of Komerční banka, in an interview. Komerční banka is the third largest bank in the Czech Republic in terms of total assets. It is part of the Société Générale group and currently has 7,500 employees . In 2006 the company recruited over 1,000 new employees and plans to extend the network of 378 branches throughout the country by 20 and to hire at least 1,200 people in 2007.
Sources
16 February 2007: Lidové Noviny
Citation
Eurofound (2007), Komerční banka, Business expansion in Czechia, factsheet number 65139, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65139.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...