Protector plans a lay off to cut costs

Protector – manufacturer and distributor of safety, specialized and military footwear - plans to lay off 30 to 85 employees as part of cost optimization program. The lay off will have a positive result on group result in 2018, the company said. The company estimated a maximum cost of lay off at PLN 635,000, while it would allow to cut costs by PLN 4 million. Protector currently employs 171 people. Therefore the lay off may affect up to 49 percent of employees.