Insurance giant set to lay off over 1000 employees
PR dla Zagranicy
John Beauchamp
31.05.2011 08:54
Polish insurance giants PZU and PZU Zycie have reached an agreement with trade unions over the restructuring of the companies in 2011, which envisages the termination of up to 1,200 jobs.
The plans for PZU and its life insurance arm, PZU Zycie, include the changing of up to 3,000 contracts for employees, although the companies mention that a number of these people work part-time.
Redundancies are set to begin on 13 June and end on 10 October.
PZU’s restructuring aims at changing work conditions for 1,706 employees, who have a choice of whether to accept the changes or accept a redundancy package. 1,041 employees, however, are to leave the company. (jb)
Source: PAP