Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
NA
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Cultural And Recreation Goods In Specialised Stores
47.6 - Retail sale of cultural and recreation goods in specialised stores

781 jobs
Number of planned job losses
Job loss
Announcement Date
16 March 2010
Employment effect (start)
17 March 2010
Foreseen end date
31 December 2010

Description

Ruch, a Polish distributor of press and publications, is planning to lay off 781 employees, accounting for approximately 20% of its staff. The restructuring programme was accepted by Ruch's board on Tuesday 16 March 2010 with the aim to make savings of PLN 2.8 million (around €658,000). At first 799 jobs were to be made redundat, but the number has dropped to 781. Approximately 4000 people are currently employed by Ruch.


Sources

  • 17 March 2010: Wirtualny Nowy Przemysl
  • 17 March 2010: Rzeczpospolita
  • 19 August 2010: Wirtualny Nowy Przemysł
  • : (www.wnp.pl)
  • : (www.wnp.pl)

Citation

Eurofound (2010), Ruch, Internal restructuring in Poland, factsheet number 70297, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70297.