Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65.1 - Insurance

152 - 350 jobs
Number of planned job losses
Job loss
Announcement Date
10 April 2015
Employment effect (start)
4 May 2015
Foreseen end date
2 June 2015


The Management Board of Polish insurance company PZU SA has informed that together with its subsidiary PZU Życie SA and with the trade unions has signed an agreement specifying the terms and conditions of group layoffs. The programme will be implemented between 4th of May and 2nd of June this year. The severance pay will be paid according to employees' seniority. Up to 350 people will be affected by the restructuring, of which 152 employees of various professional groups will be affected by downsizing. The new dismissals are the next round of the large restructuring programme which has been in place since 2010.

PZU Group is a leader on the insurance market and one of the largest financial institutions in Poland.


  • 10 April 2015: Puls Biznesu
  • 11 April 2015: Wirtualnay Nowy Przemysł


Eurofound (2015), PZU SA, Internal restructuring in Poland, factsheet number 79435, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79435.