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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
260 jobs Number of planned job losses
Announcement Date
26 February 2014
Employment effect (start)
26 February 2014
Foreseen end date
31 May 2014
Description
Polish Alior Bank is to implement a collective dismissal programme affecting 260 jobs at its headquarters. The job cuts are expected to be made by the end of May 2013. The restructuring programme aims at increasing financial and organizational effectiveness. The redundant employees will receive a severance pay.
The bank has been operating in Poland since 2008. Alior Bank has currently about 800 unit across the country.
The ERM reported other restructurings at the company in 2013, 2011, 2010 and 2009.
Sources
26 February 2014: Gazeta Prawna
26 February 2014: Wirtualna Polska
Citation
Eurofound (2014), Alior Bank, Internal restructuring in Poland, factsheet number 76665, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76665.
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