Restructuring events
European Restructuring Monitor (ERM)
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.
Banking and financial services company Getin Noble Bank announced its plans to centralise activities in the field of operations and to reorganise those in the field of debt collection. The decision is expected to result in the reduction of up to 320 job positions across the country in the near future. According to reports, the company aims at rationalising business processes and improving efficiency with the collective dismissal. The company reportedly expressed its willingness to redeploy redundant employees and to offer them support in their job search.
The company was formed in 2010 as a result of the merger of Getin Bank with Noble Bank. Currently, the bank has a workforce of around 4,800 employees in Poland.
Eurofound (2019), Getin Noble Bank, Internal restructuring in Poland, factsheet number 98899, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98899.