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.
On 25 October 2011 Telekomunikacja Polska (TP- Polish Telecom) announced a voluntary dismissals programme affecting 1150 people in 2012. The cuts are part of a restructuring programme named "Social Agreement 2012-2013", which is a bilateral agreement between the company and local trade unions.
The core point of this programme is the voluntary dismissals programme, which will be introduced on 1 January 2012. 1150 people are expected to be affected by the programme in 2012 and as much in 2013.
The programme is directed at people with a minimum six years of placement. The affected workers will receive a severance pay (from 4 to 15 months' wages). Moreover, people with a minimum of twenty years of placement will receive additional compensation worth 20,000 PLN (aprox. 4,500 EUR).
Eurofound (2011), TP Telekomunikacja Polska, Internal restructuring in Poland, factsheet number 72675, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72675.
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