Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

300 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

Towarzystwo Ubezpieczeń i Reasekuracji "Warta", the insurance company, is planning to cut 300 jobs (out of a workforce of 2723) from its Warsaw headquarters and its branches nationwide by the end of 2009. Warta is a major Polish insurer offering a full range of insurance products - vehicle, property, tourist and personal, third party liability, etc.


Sources

  • 17 March 2009: Gazeta Wyborcza

Citation

Eurofound (2009), Towarzystwo Ubezpieczeń i Reasekuracji, Internal restructuring in Poland, factsheet number 68574, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68574.