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Vilnius market

"Lietuvos Geležinkeliai" laid off about 1,6 thousand employees. workers

BNS
in 2023 January 13 08:00
2 min. reading
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The state-owned Lietuvos Geležinkėlių (LTG) group laid off about 1,6 thousand employees last year. employees who were paid about 6 mln. severance payments of EUR. 

The group reported to BNS that 800 were laid off from the cargo transport company LTG Cargo, slightly more than 500 from the infrastructure company LTG Infra, and from the main company "Lithuanian railways- almost 300 employees. At that time, the passenger transport company "LTG Link"employees were not fired.

Last May, LTG announced the dismissal after warning 1950 out of approximately 8 employees. workers.

Minister of Transport Marius Skoudis BNS said that the situation at the company was better than expected last year, and therefore fewer employees were laid off than planned. 

"Looking at the data, the reduction of those employees is smaller than was predicted at the beginning of the year, because the market situation and the need to have a larger number of people were assessed. I would say that the situation regarding the railways is better than we expected," said M. Skuodis in an interview with BNS.

According to LTG, fewer people than planned were laid off due to new cargo transportation routes to Ukraine and Germany. 

"Due to new projects and directions both to the West and to Ukraine, part of the layoffs have been abandoned in order to ensure proper service provision to customers and the development of new routes," says LTG. 

The LTG group currently employs slightly more than 6 people. workers. 

"Lietuvos Geležinkeliai" claims that it helped the dismissed people to find a new job, they were paid a little more than 6 million. euro payments. 

The employees were laid off in response to last year's reduced cargo flows, in order to make operations more efficient and reduce costs.

According to a preliminary assessment, the value of cargo transported by "LTG Cargo" last year may reach about 26,5 million. tons - twice less than in 2021, when 51,1 million were transported. tons of cargo.

Author Valdas Pryšmantas

It is not allowed to publish, quote or otherwise reproduce the information of the news agency BNS in public information media and on websites without the written consent of UAB "BNS".
TAGS:BNSLithuanian railwaysLTG LinkNew
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