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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.1 - Electric power generation, transmission and distribution
260 jobs Number of planned job losses
Announcement Date
21 January 2016
Employment effect (start)
21 January 2016
Foreseen end date
31 December 2017
Description
American conglomerate General Electric (GE) has announced that it will cut about 260 jobs in Poland within next two years. The restructuring programme is a part of GE’s plan to restructure operations across Europe and cut 6,500 jobs by 2018. The programme is a result of the takeover of the transmission grid and power company Alstom in November 2015. In CEE, about 3% of jobs are expected to be cut. In Poland, GE acquired two Alstom’s facilities located in Elbląg and Wrocław.
Eurofound (2016), General Electric, Internal restructuring in Poland, factsheet number 86391, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86391.
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