PKP Cargo, Poland’s largest rail freight operator, has announced mass layoffs as part of its ongoing restructuring process. The company plans to terminate up to 4,142 employees, representing 30% of its workforce. The decision comes after unsuccessful negotiations with labor unions and follows an extensive analysis of job positions based on economic and operational efficiency.
Severance and Support Programs
The affected employees will receive severance packages based on their length of service. PKP Cargo will also offer training and advisory services to help them transition into new roles. These programs will include CV writing workshops, interview preparation, and MS Office courses. Additionally, the company will collaborate with local employment offices to facilitate career changes.
Marcin Wojewódka, acting president of PKP Cargo, stated that the layoffs are necessary due to poor management and business decisions that have led to a loss of market share, contracts, and competitiveness. The restructuring, including a financial recovery process, aims to restore the company’s financial stability.
PKP Cargo, a key player in the logistics sector, provides rail freight services in several European countries, with PKP SA as its largest shareholder.