PP plans to cut costs by zł.500 million and post profits
"Thanks to the program we shall post profits again. Growing revenues and limiting costs will help us offset the results of the wage increases which cost zł.500 million," said Mariusz Wnuk, deputy general director of PP.
In 2008 PP will incur a loss of zł.300 million, which company directors say is the fault of employees who won pay increases and the Electronic Communication Office (UKE), which vetoed price hikes. But at the same time the firm is one of the least efficient postal companies on the continent.
On Friday, PP managers will present trade unions with details of the restructuring program envisaging changes in the rules of employment, motivation system, and boosting labor efficiency.
Source: Puls Biznesu (M.M.)
In 2008 PP will incur a loss of zł.300 million, which company directors say is the fault of employees who won pay increases and the Electronic Communication Office (UKE), which vetoed price hikes. But at the same time the firm is one of the least efficient postal companies on the continent.
On Friday, PP managers will present trade unions with details of the restructuring program envisaging changes in the rules of employment, motivation system, and boosting labor efficiency.
Source: Puls Biznesu (M.M.)
