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Wednesday, December 8, 2021

Coronavirus in Poland. Rafako announces group layoffs

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Rafako plans to restructure employment and tentatively estimates that the group layoffs will affect up to 400 employees, the company said in a press release.

On Thursday, the company’s management board adopted a resolution to start restructuring of employment. “The aim of the actions taken is to adjust the level and costs of employment of the Issuer to the market situation within the scope of the conducted activity” – indicated

Rafako is a leading Polish company providing specialist solutions for the energy, heating and oil and gas sectors in Poland and abroad. Its mother plant is located in Racibórz. Since 1994, Rafako has been a joint-stock company listed on the Warsaw Stock Exchange.

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Collective layoffs in Rafako

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As we can read on the company’s website, it is one of the largest employers in the region, currently employing approximately 1,500 people. Now, however, the number of employees is expected to decline.

Rafako’s management board estimates that the group layoffs will affect up to 400 employees. As explained in the release, the final number of workers affected and the associated costs and savings will be known once the trade union consultation process has been completed.

“The details of the restructuring will be worked out in talks with the company’s trade unions and with the participation of key employees. The Issuer intends to simplify the employment structure in some areas of activity” – added.

Record number of layoffs

It is not the only company that has announced collective redundancies in recent weeks.

The Carrefour Polska chain of stores announced in mid-August that approximately 400 people are expected to leave mid-level managers in hypermarkets. As explained, this is to be on a “collective redundancy basis”.

At the turn of July and August, Tesco Polska announced the planned group layoffs. They were to start on August 20 and cover a total of 230 people.

In turn, at the end of July, Jeronimo Martins Drogerie i Farmacja, managing the Hebe drugstore and pharmacy chain, decided to focus its development plans only on the drugstore part – and therefore closed all pharmacies.

The Friday “Rzeczpospolita” indicated that it is impossible to avoid a significant increase in the scale of group layoffs, which after seven months of this year. were the largest since 2014 and at the end of July they covered 45.8 thousand people. This is over 40 percent more than in the entire 2019. If the second wave of staff cuts in companies matches the spring, then at the end of the year the scale of group layoffs may break the record of the decade.

The newspaper recalled that in addition to the above-mentioned retail chains, the branch of the aviation company Pratt & Whitney and the Opel factory in Gliwice also informed about their plans to cut jobs. According to Rzeczpospolita, the banks are preparing further layoffs. The July decline in construction and assembly production also looks bad. – The number of people looking for a job will definitely increase in the autumn – Łukasz Gajek, director at Lee Hecht Harrison DBM Polska, a leader in outplacement services, i.e. support for layoffs, said in an interview with the newspaper.

Main photo source: tvn24



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