back to top

    Economic Downturn Leads to Mass Layoffs in Poland

    In the first quarter of this year, Polish companies across 12 voivodeships are planning to lay off nearly 8,000 employees, citing rising costs and declining orders as primary reasons. This represents a significant increase from the previous year and signals a troubling trend, according to data compiled by “Dziennik Gazeta Prawna” (DGP).


    Another Tusk’s fulfilled promise

    The data gathered from 12 regional labor offices highlights a sharp rise in planned job cuts compared to the previous year. Over 90 companies have expressed intentions to terminate employment contracts, affecting almost 8,000 workers. This surge in layoffs is alarming and underscores the economic challenges facing the country.

    Factors Driving Job Reductions:
    The economic downturn, exacerbated by a slowdown in the eurozone, has resulted in a decrease in orders, leading to financial difficulties for domestic businesses. Simultaneously, the costs of conducting business are on the rise, further straining companies’ resources.

    Regional Impact and Industry Trends:
    The repercussions of these layoffs are felt across various regions and industries. From the northern part of the country to areas around Krakow, companies are implementing large-scale workforce reductions. Sectors such as industrial processing and IT are particularly hard-hit by the layoffs.

    The increasing number of mass layoffs in Poland reflects the challenges posed by the current economic climate. As companies grapple with rising costs and dwindling orders, thousands of employees face uncertain futures. The government and stakeholders must work together to mitigate the impact of these job losses and support affected workers and industries.

    More in section

    2,223FansLike
    359FollowersFollow
    1,164FollowersFollow