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.
PepsiCo Global Business Services Poland, a provider of services to beverage and food manufacturer, will lay off 200 people from its Shared Services office in Krakow, Poland.
The redundancies are explained by organisational changes to the business services office function; the company states that it is working closely with the employees affected by the restructuring - severance packages and career support have been offered. The redundancy process has started; some of the employees will work until May and the rest until August 2024. Additionally, there are indications that parts of the finance and controlling departments may be moved to India.
The group layoffs concern employees of the finance and controlling department. PepsiCo Global Business Services Poland is owned by PepsiCo, an American soft drinks and food products company. The Krakow branch provides services related to finance, accounting, HR, marketing and sales support.
Eurofound (2024), PepsiCo Global Business Services Poland, Internal restructuring in Poland, factsheet number 200942, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200942.
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