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

Due to the merger of Alior Bank and Meritum 1000 people will lose their jobs, according to the press release. The redundancy will last from the beginning of April till the end of the current year. The employees will receive additional redundancy payment, appropriate to their work experience. Alior Bank acquired 97.9 percent of Meritum shares worth PLN 352.54 in February.