The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.1 - Monetary intermediation
250 jobs Number of planned job losses
Announcement Date
24 February 2020
Employment effect (start)
24 February 2020
Foreseen end date
31 May 2020
Description
Banking and financial services company Getin Noble Bank announced that it plans to cut up to 250 jobs through a collective dismissal programme at its units across Poland by the end of May 2020. According to the sources, the decision should help the company to rationalise the business process and to improve its efficiency.
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 4,350 employees in Poland. A previous restructuring in the bank took place in September 2019 (320 jobs cut).
Eurofound (2020), Getin Noble Bank, Internal restructuring in Poland, factsheet number 99847, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99847.