Pekao cuts workforce to save PLN 70 mln per year

Polish bank Pekao SA introduces voluntary departures for about 1,000 of its employees in order to save about PLN 70 million on an annual basis. “The cost of this program will not exceed PLN 40 million,” said Tomasz Kubiak, deputy CEO of the bank. The bank’s CEO informed that Pekao does not plan collective layoffs…

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