Over 3,000 employees willing to join PKP Cargo redundancy program

PKP Cargo has received 3,300 applications from its employees to resign under the voluntary redundancy program. As the number of applications has exceeded expectations, the company has decided to increase the sum earmarked for the program from PLN 87 million to PLN 301 million. The final amount will be nevertheless lower as PKP intends to decline ca. 10 percent of applications. “According to the board, due to the necessity of maintaining the continuity of processes and taking into account economic conditions, ca. 300 employees will not obtain approval to participate in the voluntary redundancy program, thus the cost of lay-offs will be lower than the earmarked amount,” said Adam Purwin, the CEO of PKP Cargo, in a press release. The employees accepted for the program will leave their jobs on February 1.  PKP Cargo currently employs around 26,000 people. PKP Cargo is a part of the PKP Group, the largest railway freight carrier in Poland and  the second biggest in the EU.