The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.1 - Monetary intermediation
836 jobs Number of planned job losses
Announcement Date
29 December 2015
Employment effect (start)
1 January 2016
Foreseen end date
31 December 2016
Description
The state-owned bank PKO BP (Powszechna Kasa Oszczędności Bank Polski) has announced that it will cut 836 jobs at its head office in Warszawa as well as at other units across Poland by the end of 2016.
The company has announced a collective dismissal programme. The company negotiated with the local trade unions about the conditions of the restructuring programme. Redundant employees will receive a severance pay. The company will also change conditions of employment for the part of employees in addition to the announced redundancies.
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