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.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.10 - Passenger rail transport, interurban
2,000 jobs Number of planned job losses
Announcement Date
12 September 2015
Employment effect (start)
Foreseen end date
12 September 2017
Description
Przewozy Regionalne (PR), the Polish regional passenger train operator, has announced that up to 2,000 positions will be cut via voluntary dismissal programme within next two years. The programme will affect employees from the departments of technical maintenance and train teams. The conditions of the restructuring programme have been negotiated with the local trade unions. The redundant workers will receive severance pay amounting 12 months’ wages. The company estimates the programme will costs PLN 107 mn (EUR 25.38mn USD 28.78mn). The programme is a part of larger restructuring plan of company aiming at increasing financial effectiveness.
Sources
12 September 2015: Portal Samorządowy
18 September 2015: Rynek Kolejowy
Citation
Eurofound (2015), Przewozy Regionalne, Internal restructuring in Poland, factsheet number 85004, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85004.
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