Spokeswoman: Czech airport to cut workforce by 10 percent

Prague airport authorities have said they plan to cut their workforce by around 10 percent, beginning in December, ahead of privatisation. The news was revealed on Thursday. A spokeswoman for Prague-Ruzyně International Airport said the planned job cuts would affect about 240 people. The airport’s director, Miroslav Dvořák, said the move could raise the value of the company in the eyes of potential investors. Finance Minister Miroslav Kalousek has said that the airport, the busiest in the region, should not be sold for less than 100 billion crowns (around 5.5 billion US dollars). Local media has reported that the government is aiming to sell the facility to a consortium of financial and strategic investors.