Poczta Polska

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Postal And Courier Activities
53 - Postal and courier activities
700 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2020
Employment effect (start)
20 January 2020
Foreseen end date
31 December 2020

Description

Poczta Polska, the Polish national postal operator, has announced that it will cut 700 jobs at its units across the country in 2020. The programme will mainly affect the administrative department. The decision comes as a response to the changing business profile of Poczta Polska and its efforts to improve operational efficiency.

At present, the company's profitability oscillates around zero, with wages accounting for around 70% of the company’s operational costs. Between 2011 and 2015, the post office operator reduced its employment capacity from 94,000 to 77,000 employees. Since 2016, it has hired more than 4,500 staff and currently employs over 80,000 people.

Sources

Citation

Eurofound (2020), Poczta Polska, Internal restructuring in Poland, factsheet number 99689, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99689.