Type
Internal restructuring
Country
Poland
Region
Poludniowy; Slaskie; Rybnicko-jastrzebski
Location of affected unit(s)
Jastrzębie-Zdrój
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05.1 - Mining of hard coal

615 jobs
Number of planned job losses
Job loss
Announcement Date
26 October 2021
Employment effect (start)
1 January 2022
Foreseen end date

Description

Jastrzębska Spółka Węglowa (JSW), a coal mining company, has announced that it will cut 615 jobs in Jastrzębie III unit in early January 2022. According to a restructuring programme, the 615 workers, along with the non-productive assets of the company’s subsidiary Jastrzębie III, will be transferred to Spółka Restrukturyzacji Kopalń (Mine Restructuring Company): it manages the process of liquidation of unprofitable mining companies. Jastrzębie III is to be closed by Spółka Restrukturyzacji Kopalń, and the employees will be covered by protective measures. Redundant workers will receive one-time severance pay in the amount of PLN 120,000 (€25,934).

JSW also revealed that 1,804 miners (three times more than anticipated) applied for the programme involving pre-retirement leaves and other measures. The programme is to be implemented under the so-called mining law containing protective measures aiming at increasing financial effectiveness in Poland’s coal-mining industry. Currently, Jastrzębska Spółka Węglowa employs about 22,000 people.


Sources

Citation

Eurofound (2021), Jastrzębska Spółka Węglowa, Internal restructuring in Poland, factsheet number 105604, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105604.