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 64.9 - Other Financial Service Activities, Except Insurance And Pension Funding
800 jobs Number of planned job losses
Announcement Date
13 December 2023
Employment effect (start)
1 January 2024
Foreseen end date
31 December 2026
Description
BNP Paribas Bank Polska S.A., which provides universal banking services, will terminate contracts with up to 800 employees. The reasons for the reduction in the workforce were not given. On 13 December 2023, an agreement was concluded with the trade unions operating in the Bank on the principles of conducting group layoffs; the agreement includes, among others, the criteria for selecting employees whose employment contracts will be terminated as part of group layoffs, the terms and conditions of employees' participation in the voluntary redundancy programme and the benefits to which employees covered by group layoffs will be entitled. The redundancies will be carried out from 1 January 2024 to 31 December 2026.
BNP Paribas Bank Polska SA is a universal bank headquartered in Warsaw, operating under this name since 2011, listed on the Warsaw Stock Exchange and part of the BNP Paribas international banking group.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
