Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.81 - Manufacture of sugar

570 jobs
Number of planned job losses
Job loss
Announcement Date
7 August 2009
Employment effect (start)
1 August 2009
Foreseen end date
30 September 2009

Description

On 1 August 2009 Krajowa Spółka Cukrowa, a producer of sugar, launched a voluntary redundancy scheme, covering its units around the country. The scheme is expected to run until 30 September 2009. The company plans to reduce its present workforce of 2,100 by 570. Employees who volunteer to leave the company will receive severance payments of PLN 80,000 (in addition to the statutory payment of between one and three times their monthly salary), cash equivalents for unused holiday time, anniversary bonuses, reimbursement of training costs, and subsidies towards setting up their own businesses.


Sources

Citation

Eurofound (2009), Krajowa Spółka Cukrowa, Internal restructuring in Poland, factsheet number 69376, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69376.