09.26.2022

Chimcomplex (CHOB.RO), which owns the Oltchim and Borzesti chemical plants in Romania, has notified the Bucharest Stock Exchange of a planned collective redundancy program, which will include 396 more

04.23.2021

Spanish-held Inditex, the leader of Romania’s fashion retail market had 2,200 employees at the end of last year compared with some 3,000 before the pandemic, that is at the end of 2019, its reports more

06.08.2020

The economic downturn along with the rethinking of business plans will lead to layoffs in the major companies in the next few months, market data show. At least 10% to 20% of the corporate employees more

05.27.2020

The number of contracts ended or the number of people out of a job since the start of the lockdown is now 411,000, Labor Ministry data show. The number of furloughed employees has dropped by more than more

12.11.2018

The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on the automotive component industry: SEWS (wiring) more

07.17.2017

A number of 20 of the largest local IT&C companies with more than EUR1.4 billion revenue shed more than 3,300 jobs last year, according to their reports with the Public Finance Ministry and Trade more

02.15.2016

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08.03.2015

The ten largest banks in Romania laid off 8,000 people in the past six years, but their personnel spending remained unchanged at more than 3 billion lei. more

06.25.2014

The 20 largest employers in Romania laid off almost 5,000 people last year. Those whose number of employees increased are retailers Kaufland, Dedeman and Mega Image and telecom operator RCS&RDS. more

06.03.2014

The seven largest insurers in Romania cut the number of employees by 15% last year, keeping only 9,000, which shows the restructuring process has picked up speed after five years of significant sales more

05.13.2014

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. more

04.04.2014

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 statement. more

09.04.2013

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 be more

08.07.2013

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 to Trade more

05.29.2013

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. more

05.22.2013

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. more

05.03.2013

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 opposite. more

04.21.2013

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, Transport more

03.15.2013

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. more

02.27.2013

Romania’s Government will lay off employees in 15 state-run companies in the energy sector, based on reorganization programs to be applied between 2013 and 2018, according to a draft emergency more

01.10.2013

Romanian Transport Minister Relu Fenechiu said Thursday 10% of the ministry’s employees will be made redundant in a restructuring process meant to reduce costs. more

09.27.2012

The managing board of Romanian national television company SRTv decided Thursday to lay off 872 employees starting October 1, as part of the company’s economic recovery program, 90 people less than more

08.07.2012

Romanian steel works Mechel Campia Turzii (INSI.RO) Tuesday said it will lay off over 400 employees in August and September, on lack of orders. more

06.15.2012

Romania's Government has approved a program of collective layoffs for 500 employees of power producer Termoelectrica, with the first stage, during which 200 staff will be sacked, to begin in June. more

04.12.2012

Romania’s postal company laid off 511 employees in 2012 and plans no collective layoffs for the rest of the year, Communications Minister Razvan Mustea told a news conference Thursday. more