Voluntary layoffs bring PKP Cargo PLN 120 mln in savings

Rail freight company PKP Cargo said that the number of workers who applied for the voluntary layoff scheme exceeded thrice the expectations and the company's aggregate savings will reach PLN 120 million this year. "In total, as many as 4,000 workers left the job under the program in 2015," a statement read. Initially, the company assumed that only 250 workers would participate, but as it received 1,193 applications, it decided to let go of 874 people. PKP Cargo is part of the PKP Group, the largest railway freight carrier in Poland and  the second biggest in the EU.