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
49.1 - Passenger rail transport, interurban

760 jobs
Number of planned job losses
Job loss
Announcement Date
20 October 2014
Employment effect (start)
Foreseen end date
31 December 2014

Description

Polish regional passenger train operator Przewozy Regionalne (PR) announced a new restructuring programme affecting about 760 jobs (8% of workforce) by the end of 2014. The jobs will be cut via voluntary departures. The programme is a part of larger restructuring programme aiming at increasing financial effectiveness; the company explained that the workforce reduction is necessary so that PR can become a competitive market player.


Sources

  • 21 October 2014: Money.pl
  • 20 October 2014: Wirtualny Nowy Przemysł

Citation

Eurofound (2014), Przewozy Regionalne, Internal restructuring in Poland, factsheet number 77900, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77900.