Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
NA
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

320 jobs
Number of planned job losses
Job loss
Announcement Date
24 September 2019
Employment effect (start)
Foreseen end date

Description

Banking and financial services company Getin Noble Bank announced its plans to centralise activities in the field of operations and to reorganise those in the field of debt collection. The decision is expected to result in the reduction of up to 320 job positions across the country in the near future. According to reports, the company aims at rationalising business processes and improving efficiency with the collective dismissal. The company reportedly expressed its willingness to redeploy redundant employees and to offer them support in their job search.

The company was formed in 2010 as a result of the merger of Getin Bank with Noble Bank. Currently, the bank has a workforce of around 4,800 employees in Poland.


Sources

Citation

Eurofound (2019), Getin Noble Bank, Internal restructuring in Poland, factsheet number 98899, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98899.