Restructuring events
European Restructuring Monitor (ERM)
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.
Ringier Axel Springer Polska (RASP), a Polish branch of the media and tech company, has made an announcement to reduce its 2,000 employees workforce by 8% by the end of the year.The reasons cited by the company's spokesperson include rapid costs increase and difficult market conditions.
The company will be engaged in talks with trade unions for up to 20 days, concerning the collective dismissals.
The positions that are to be reduced, relate to newspaper and online news services, as RASP have announced they will be shutting down two websites, a newspaper, and will reduce the number of issues of another newspaper.
Most job reductions will affect Warsaw-based positions.
Eurofound (2022), Ringier Axel Springer Polska, Internal restructuring in Poland, factsheet number 107619, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107619.
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