Open Finance

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
270 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2013
Employment effect (start)
18 March 2013
Foreseen end date
30 April 2013

Description

On 18 March 2013, Open Finance a financial consultancy company, announced plans to cut 270 jobs by the end of April 2013. The dismissals are due to a shrinking credit market in Poland.

Open Finance was founded in 2004 as a part of Polish financial group Getin Holding. The company employs 3,381 people across the country.

Sources

  • 18 March 2013: Gazeta Wyborcza ()

Citation

Eurofound (2013), Open Finance, Internal restructuring in Poland, factsheet number 75098, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75098.