Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
All Poland
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

400 jobs
Number of planned job losses
Job loss
Announcement Date
25 June 2014
Employment effect (start)
25 June 2014
Foreseen end date

Description

Getin Bank has announced that it will cut 400 jobs at its branches across Poland. According to the sources, the job cuts are part of a restructuring programme which will reduce operating costs by PLN 30 million (€7.22 million).

The ERM has previously reported on restructuring at the bank in 2009a, 2009b and 2008.


Sources

  • 25 June 2014: Gazeta Wyborcza
  • 25 June 2014: Puls Biznesu

Citation

Eurofound (2014), Getin Bank, Internal restructuring in Poland, factsheet number 77239, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77239.