Powszechny Zakład Ubezpieczeń

Type
Internal restructuring
Country
Poland
Region
Makroregion województwo mazowieckie; Warszawski stołeczny; Miasto Warszawa
Location of affected unit(s)
Warszawa
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
600 jobs
Number of planned job losses
Job loss
Announcement Date
14 July 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

Powszechny Zakład Ubezpieczeń (PZU), the insurance group, is to dismiss up to 600 workers in its central office in Warsaw by the end of 2009 after long-lasting negotiations with trade unions. According to previous unofficial information, PZU was planning to cut about 1500 jobs from its head office in Warsaw and from its various branches around Poland. According to management of PZU, the company is to cut up to 600 jobs only in its head office in Warsaw.

Sources

Citation

Eurofound (2009), Powszechny Zakład Ubezpieczeń, Internal restructuring in Poland, factsheet number 70011, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70011.