Czech Republic - Agreement on dismissals at mining company OKD - March 31, 2016

The miners' trade union announced that, after agreement with the company management, about 250 workers out of the 345 that black-coal mining company OKD intends to lay off at the end of June are going to end their employment by mutual agreement. About 50 employees do not want to leave the company. The employees who will terminate employment by mutual consent and have been working for the company for at least two years are to receive severance pays equalling a sextuple of their wages. OKD is going to lay off employees from all its plants and considers that it does not have to announce a social programme. According to the union, a social programme has to be announced if over 200 employees from a single plant are dismissed.

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