PKP

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines
300 jobs
Number of planned job losses
Job loss
Announcement Date
11 July 2014
Employment effect (start)
26 August 2014
Foreseen end date

Description

PKP, the state-owned railway operator, announced that over 300 workers entered to the voluntary dismissal programme across Poland. The sources report that redundant workers will receive severance pay amounting to 18-24 months' wages, according to seniority. The company estimates that the restructuring programme will help save up to PLN 13 million.

PKP was founded in 2001 as a result of the commercialisation of state company Polskie Koleje Państwowe (Polish State Railways) and it is a part of PKP group. PKP supervises and coordinates the activities of the group’s companies. PKP is also the owner of a large part of railway stations in Poland.

Sources

  • 26 August 2014: Puls HR
  • 11 July 2014: Gazeta Wyborcza

Citation

Eurofound (2014), PKP, Internal restructuring in Poland, factsheet number 77532, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77532.