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.
BNP Paribas Bank Polska S.A., which provides universal banking services, will terminate contracts with up to 800 employees. The reasons for the reduction in the workforce were not given. On 13 December 2023, an agreement was concluded with the trade unions operating in the Bank on the principles of conducting group layoffs; the agreement includes, among others, the criteria for selecting employees whose employment contracts will be terminated as part of group layoffs, the terms and conditions of employees' participation in the voluntary redundancy programme and the benefits to which employees covered by group layoffs will be entitled. The redundancies will be carried out from 1 January 2024 to 31 December 2026.
BNP Paribas Bank Polska SA is a universal bank headquartered in Warsaw, operating under this name since 2011, listed on the Warsaw Stock Exchange and part of the BNP Paribas international banking group.
Eurofound (2023), BNP Paribas, Internal restructuring in Poland, factsheet number 200644, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200644.
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