LAYOFF
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ArcelorMittal Galati Number Of Employees Down By 1,000 In 2013
Steel plant ArcelorMittal, the main employer in Galati, a county with an almost 10% jobless rate, continued in 2013 the harsh restructuring steps that it started upon privatization.
CFR Marfa Starts Layoff Process
Romanian freight railway carrier CFR Marfa started at the end of March the layoff process for a number of 2,500 employees, in accordance with the IMF agreement, Transport Ministry said in a...
Transelectrica Might Sack Some 400 Employees In Next Four Years
Romanian state-owned power grid operator Transelectrica (TEL.RO) might lay off 300-400 employees in the next four years as installations will be operated automatically and fewer workers will...
Largest 100 Employers Lost 36,000 Employees Since 2008
The 100 largest employers in Romania, which together have 520,000 employees (12% of the total number in the economy), reported a decline of 36,000 employees between 2008 and 2012, according...
Posta Romana To Lay Off About 4,500 Employees Starting July 1
Romanian state-owned postal company Posta Romana will lay off 4,458 employees starting July 1, downsizing its staff by 14%, according to an official document obtained by Mediafax Wednesday.
Former General Manager Of Hidroelectrica Fired
Traian Oprea, former general manager of Romanian state-owned hydropower producer Hidroelectrica, was dismissed Tuesday from the position of engineer at the company alongside 303 employees.
Electoputere Owners Fail To Keep Their Promises
Arab-held Al-Arrab group that promised a five-fold increase in the sales of Electroputere Craiova (EPT.RO) upon its privatization, as well as to turn it into a world giant did exactly the op...
Transport Minister: Former Executive Board Of CFR SA Planned To Lay Off 6,000 People
The management plan proposed by the former executive board of Romanian state-owned railway operator CFR SA did not have enough definite objectives and stated the layoff of 6,000 people, Tran...
Mechel Targoviste Downsizes Staff Within Reorganization Plan
Romanian steel maker Mechel Targoviste (COS.RO), which has recently entered insolvency, Friday said it has approved a new organizational chart and will lay off 512 employees.