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Pekao, unions finalize layoff terms

05:10

Pekao, unions finalize layoff terms
Source: Adobe Stock

Bank Pekao has reached an agreement with trade unions on revised pay and bonus conditions linked to planned job cuts. The bank estimates the cost of these changes at about PLN 22 million gross and will book a provision accordingly.

According to Pekao, 2,515 employees—around 95% of staff—accepted the new terms.

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