Czech Railways has announced plans to lay-off 950 employees as of December 1. As all firms and institutions in the public sector, the state-owned company has had to make a 10 percent cut in salary expenditures within the government’s austerity measures for 2011. The lay-offs will save the company 500 million crowns next year.
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Czechs observe day of mourning for pop idol Karel Gott
Thousands pay tribute to deceased national pop icon Karel Gott
In memoriam: Karel Gott, the ‘Bohemian nightingale’