Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
All Poland
Sector
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06 - Extraction of crude petroleum and natural gas

200 jobs
Number of planned job losses
Job loss
Announcement Date
28 April 2014
Employment effect (start)
15 May 2014
Foreseen end date

Description

Polish oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG), a subsidiary of the PGNiG group, announced that 200 jobs will be cut through a voluntary redundancy scheme. According to the source, the redundancy scheme will run until mid-May.

According to the source, the job cuts are part of a wider restructuring plan for the 2014-2016 period and the company aims to improve its financial and organisational effectiveness. The company is the largest Polish oil and Gas Company and currently employs 8,000 people.


Sources

  • 3 June 2014: Wirtualny Nowy Przemysł
  • 28 April 2014: Rzeczpospolita

Citation

Eurofound (2014), PGNiG, Internal restructuring in Poland, factsheet number 77167, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77167.