Economy Paid
Rafako launches group layoff procedure
23:16
Polish boiler and environmental equipment manufacturer Rafako has announced the initiation of group layoffs due to its worsening financial situation. The company, burdened with PLN 675 million in liabilities, applied for bankruptcy in September 2024, citing the need to restructure operations and reduce employment costs.
The layoffs' scale and financial implications will be determined following consultations with trade unions.
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