Type
Internal restructuring
Country
Poland
Region
Wschodni; Podkarpackie; Krosniensko-przemyski
Location of affected unit(s)
Krosno
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

700 jobs
Number of planned job losses
Job loss
Announcement Date
9 February 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

Nowy Styl of Krosno, which produces furniture and chairs, plans to reduce its workforce by 700 by the end of 2009. The company employs 3,400 people. The company is citing the economic crisis and its impact on the furniture industry, as the reason for the lay offs.


Sources

  • 9 February 2009: Polska Agencja Prasowa Webside (www.pap.pl)

Citation

Eurofound (2009), Nowy Styl, Internal restructuring in Poland, factsheet number 68149, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68149.