Up to 1,000 employees to be dismissed at Alior and Meritum

Due to the merger of Alior Bank and Meritum, 1000 employees will lose their jobs, according to the press release. The redundancy will take place between the beginning of April and the end of the current year. The employees will receive additional severance pay, appropriate to their work experience. Alior Bank acquired 97.9 percent of Meritum shares worth PLN 352.54 million in February.