Restructuring events
European Restructuring Monitor (ERM)
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.
Volkswagen's Czech unit Škoda Auto plans to cut 2,440 jobs in 2010 due to the slowdown in customer orders as the car scrappage incentive scheme in Germany is coming soon to an end. The job cuts will affect temporary agency workers. The company has three manufacturing plants (Mladá Boleslav-headquarters, Kvasiny, Vrchlabí) and employs 24,790 workers.
Eurofound (2010), Škoda Auto, Internal restructuring in Czechia, factsheet number 70084, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70084.