Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining of coal and lignite

12,000 jobs
Number of planned job losses
Job loss
Announcement Date
2 December 2004
Employment effect (start)
Foreseen end date

Description

Kompania Węglowa, an entity assembling 21 coal mines, has unveiled a restructuring programme geared at restoring profitability of operations. The plans call for shutting down two mines, for merging several others, and for extensive organisational changes for at least one more. Of the combined Kompania Węglowa workforce of 74,000 people, 12,000 will be dismissed, the premise being that, come 2006, employment at Kompania Węglowa should stabilise at roughly 65,000 people.


Sources

  • 3 December 2004: Rzeczpospolita

Citation

Eurofound (2004), Kompania Węglowa, Internal restructuring in Poland, factsheet number 60842, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60842.