Bank BPH

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64.1 - Monetary intermediation
64.1 - Monetary intermediation
950 jobs
Number of planned job losses
Job loss
Announcement Date
13 June 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

Bank BPH is to cut 950 jobs with the closure of 35 branches (from a total of 247) across Poland. The job losses will be implemented by the end of 2009. The original plan involved 580 redundancies.

Sources

  • 13 June 2009: Puls Biznesu Webside (www.pb.pl)

Citation

Eurofound (2009), Bank BPH, Internal restructuring in Poland, factsheet number 69110, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69110.