EMCC European Monitoring Centre on Change

Agora

Company/Organisation:
Agora

Geographic Location

Country: Poland
Region: Miasto Warszawa; Mazowieckie; Centralny
Location of affected unit(s): Warszawa

Company

Sector: Information / communication
Publishing, audiovisual and broadcasting activities
58.13 - Publishing of newspapers
Number Employed: 3600

Employment Effects

Announcement Date: 01-09-2006
Planned Job Reductions min: 250
Planned Job Reductions max: 250
Type of Restructuring: Internal restructuring
Employment Effect Start: 20-09-2006
Foreseen End Date: 31-03-2007

Additional Information

The Agora media group – owner of the Gazeta Wyborcza daily, a radio station, and an internet portal – has planned collective redundancies, to be effective between September 20 and December 31, 2006. The redundancies will extend to 250 positions; the hope is that they will increase the company’s operating efficiency and help its share price (Agora is listed on the Warsaw Securities Exchange). Agora currently employs 3,600 people. The last round of redundancies, held two years ago, affected approximately 500 people. In December 2006 the Agora's Board of Directors informed the Employment Office that the collective dismissals would remain till 31 March 2007.