The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.20 - Freight Rail Transport
3,192 jobs Number of planned job losses
Announcement Date
3 July 2024
Employment effect (start)
3 July 2024
Foreseen end date
30 September 2024
Description
PKP Cargo, the freight rail operator in Poland, will lay off up to 4142 employees, about 30% of its workforce, by September 30, 2024.
PKP Cargo's restructuring aims to improve the company’s financial situation as it has been facing financial challenges; the company is also seeking court-sanctioned restructuring. In late May 2024, PKP Cargo launched a programme to place up to 30% of its workforce on a "non-work" status for 12 months; by June, about 20% of employees were already affected. Laid-off employees will receive severance pay based on their length of service. Negotiations with unions are ongoing, but unions have yet refused to sign the agreement.
PKP Cargo is a logistics operator, Poland's largest and the European Union's second-largest rail freight operator, founded in 2001.
Updated 23/09/2024
PKP Cargo has signed 14 letters of intent regarding the employment of the company's employees thanks to which over 2,000 jobs are now available for employees made redundant in the PKP Cargo restructuring, which is expected to end by the end of October 2024. Some of these positions are in companies part of the PKP group and some are in external companies. Here are some of the companies that signed a letter of agreement with PKP Cargo:
PKP Intercity for up to 400 positions,
PKP Intercity Remtrak for up to 300 positions,
PKP Polskie Koleje Państwowe, for up to 250 positions,
Warsem for up to 100 positions,
Pesa Bydgoszcz and Pesa Mińsk Mazowiecki (unclear number of positions),
PGE Energetyka Kolejowa for up to 100 positions,
Kolejami Wielkopolskie Railways and Kolejami Mazowieckie for up to 80 positions,
Warsaw Metro for approximately 100 positions. Warsaw Metro - 2024 - PL
Budimex, for up to 100 positions: Budimex - 2024 - PL
The ERM considers the relocation of employees in other companies of the same group as a decrease in the number of people affected by the mass lay-off. Workers being employed by external companies are, on the other hand, still consiered in the "Job Reductions" count but not as "Direct dismissals".
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
