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 Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65.1 - Insurance
250 - 300 jobs Number of planned job losses
Announcement Date
22 January 2016
Employment effect (start)
Foreseen end date
29 February 2016
Description
German insurance company Allianz Polska has announced that it will cut between 250 and 300 jobs at its units across Poland by the end of February 2016. The company has implemented a collective dismissal programme within Allianz Polska and Allianz Polska Services. The conditions of the restructuring programme were negotiated with the local trade unions. The group will also change conditions of employment for some employees in addition to the announced redundancies. The programme aims to improve financial and organisational effectiveness of the company.
Sources
22 January 2016: Gazeta Wyborcza
Citation
Eurofound (2016), Allianz Polska, Internal restructuring in Poland, factsheet number 86350, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86350.
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