Poland expected to escape lightly in ABB redundancies
Polish subsidiaries of engineering giant ABB are likely to emerge unscathed
from the company's sweeping cuts to its workforce worldwide. ABB yesterday
announced plans for an 8% reduction in its staff. The cutting of 12,000 jobs
is a response to a dramatic fall in first half profits, from over $1 billion
in the first six months of 2000, to just $266 million. ABB's 14 Polish
subsidiaries employ 3,200 people. In an interview with Rzeczpospolita,
Miroslaw Gryszka, president of ABB Poland, said that there would be no
reduction in employment in Poland. However, human resources director Hanna
Dabrowska was less optimistic. Talking to Gazeta Wyborcza she said there
might be staff reductions in Poland, linked to "possible transformation of
the company in global scale, sales of some of its assets, or excluding them
from its core activities." Under a plan announced in February, ABB Poland
will withdraw from its sideline interests for the good of its strategic
activities. (Gazeta Wyborcza, p. 17; Rzeczpospolita, p. B3) P.W.