EMCC European Monitoring Centre on Change

BNP Paribas

Company/Organisation:
BNP Paribas

Geographic Location

Country: Poland

Company

Sector: Financial services
Financial and insurance activities
64.1 - Monetary intermediation
Number Employed: 2996

Employment Effects

Announcement Date: 09-05-2012
Planned Job Reductions min: 410
Planned Job Reductions max: 410
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-06-2012
Foreseen End Date: 30-06-2013

Additional Information

On 9 May 2012, the Polish branch of a French bank BNP Paribas announced plans to cut up to 410 jobs by the end of June 2013. 

It is reported that the cuts aim at increasing operational efficiency and improving financial results of the bank. 

BNP Paribas currently employs 2984 people in 221 units across Poland.