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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Cultural And Recreation Goods In Specialised Stores 47.6 - Retail sale of cultural and recreation goods in specialised stores
500 jobs Number of planned job losses
Announcement Date
16 June 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
The management board of Ruch, the press distributor, is to complete the second round of the restructuring plan in the second half of 2009, with the result of 500 job losses (out of a workforce of 4,850) by the end of the year. The restructuring will also entail changes to Ruch's organisational structure; the number of units across the country will be reduced from 422 to 216, and the number of management executive positions from 88 to 14.
Sources
16 June 2009: Polska Agencja Prasowa Webside (www.pap.pl)
Citation
Eurofound (2009), Ruch, Internal restructuring in Poland, factsheet number 69105, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69105.
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