trending Market Intelligence /marketintelligence/en/news-insights/trending/REL1U8xspHy6_o7rivUKQw2 content esgSubNav
In This List

Report: PKO Bank could cut up to 950 staff in 2017

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Blog

Banking Essentials Newsletter: September Edition


Report: PKO Bank could cut up to 950 staff in 2017

PKO Bank Polski SA could lay off up to 950 employees in 2017, Reuters reported Dec. 20, citing a spokeswoman for the Polish lender.

The bank, which employs 25,000 people, informed Poland's labor office of its plan but may not actually cut that many jobs, with the spokeswoman highlighting that only about a third of the more than 800 layoffs envisioned for 2016 were actually executed, the news agency said.