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.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.39 - Other passenger land transport n.e.c.
80 jobs Number of planned job losses
Announcement Date
7 July 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
PKS, the bus carrier based in Nowy Sącz, is planning to cut its 350-strong workforce by approximately 80 before the end of 2009. These redundancies will extend to drivers - predominantly those who are already eligible for pre-retirement benefits or outright retirement. PKS Nowy Sącz operates a fleet of 130 buses serving 82 routes, travelling 950 connections every day. The planned redundancies are part of a restructuring programme which, it is hoped, can stave off the company's bankruptcy.
Sources
7 July 2009: Polska Agencja Prasowa Webside (www.pap.pl)
Citation
Eurofound (2009), PKS, Internal restructuring in Poland, factsheet number 69258, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69258.
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