LAYOFFS
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Romaero Baneasa To Lay Off 150 Employees
Shareholders of aircraft parts maker Romaero Baneasa ave approved a plan to lay off 150 of the company's 990 employees within the year starting this September.
Over 800 Persons In Defense Sector Companies Laid Off By 2017
Romanian Ministry of Economy, Commerce and Tourism plans to lay off over 800 persons in the defense sector companies between 2015 and 2017.
CE Oltenia Laid Off 2,000 Employees, Outsourced 1,000 Jobs
Romania’s energy holding CE Oltenia laid off nearly 2,000 employees this year and outsourced the jobs of 1,070 others, reaching 15,400 employees.
Government Assigns Severance Funding For CE Oltenia Layoffs
The government on Wednesday approved a decision assigning funding amounting to RON12.6 million as severance pay for 2,133 employees to be laid off by state-owned energy holding CE Oltenia.
CE Hunedoara Postpones Layoffs On Lack Of Funds For Severance
Energy holding CE Hunedoara has postponed the layoff of 540 employees on lack of funds for severance payments, according to Petre Nica, head of the trade union representing the employees.
Ford Lays Off 500 Employees At Its Romanian Plant
U.S. carmaker Ford has started the voluntary layoff program targeting 500 of the 3,200 employees at its plant in Craiova (southern Romania), while the company decided to reduce working hours...
Ford To Lay Off Over 20% Of Staff At Its Romanian Plant
U.S. carmaker Ford will lay off 680 of some 3,200 employees at its plant in Craiova (southern Romania), meaning over 20% of its staff.
Upet Targoviste To Lay Off 40% Of Staff
Romanian oilfield equipment maker Upet Targoviste (UPET.RO) will lay off 263 of its 619 employees, meaning 40% of its staff, and has notified trade unions of the decision.
CFR Marfa Laid Off Nearly 2,300 Employees Out Of Planned 2,500
Romanian state-owned railway freight carrier has so far laid off 2,296 employees, out of a planned total of 2,500.