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 Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
230 jobs Number of planned job losses
Announcement Date
9 September 2014
Employment effect (start)
1 October 2014
Foreseen end date
30 November 2014
Description
Polish insurance company PZU Group announced a collective dismissal programme affecting 230 jobs. The programme will be implemented from October until 30 November 2014 in two companies of the group: PZU ( Powszechny Zakład Ubezpieczeń) and PZU Życie. Redundant employees will receive a severance pay. Currently, PZU negotiates with the local trade unions about the conditions of the programme.
PZU Group is a leader on the insurance market and one of the largest financial institutions in Poland.
Eurofound (2014), PZU, Internal restructuring in Poland, factsheet number 77529, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77529.
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