PKP Cargo fires directors of East and Central divisions
17:11
PKP Cargo has dismissed the directors of its Eastern and Central divisions due to their shared responsibility for the company's poor performance. Marcin Wojewódka, acting president of PKP Cargo, stated that the dismissed directors had contributed to the company’s current financial difficulties, which include PLN 5.2 billion in debt.
The company is undergoing restructuring and has initiated a court-administered reorganization to improve its financial health and competitive position while attempting to preserve jobs. This follows the announcement of mass layoffs affecting up to 30% of its workforce, or about 4,142 employees, and a broader effort to address financial instability.
(wnp.pl)
