PKP Cargo restructuring in numbers. Thousands of termination notices within two years

PKP Cargo has dismissed 450 employees in 2025, the company announced in a stock exchange announcement on Tuesday. At the end of last year, the company employed over 8,000. people.

PKP Cargo said in response to shareholder questions that as a result of group layoffs in 2024, PLN 2,000 was awarded. 515 notices of termination of employment contracts. However, for other reasons – e.g. acquiring pension rights or expiry of the employment contract – 1,000 people left the company. 150 employees.

In turn, in 2025, as the company reported, as a result of group layoffs, PKP Cargo dismissed 450 employees.

From 13 thousand up to 8 thousand employed at PKP Cargo

The company also announced that on December 31, 2025, it employed 8,000. 415 employees. She added that the employment level at PKP Cargo before the launch of the group layoff procedure at the end of 2024 was 13,000. 376 employees.

PKP Cargo is a joint-stock company listed on the Warsaw Stock Exchange. The largest shareholder is PKP SA with a 33.01% share in the capital; funds managed by Nationale-Nederlanden PTE SA have 12.08%, and other shareholders – 54.91%.

Less employment, but there is a profit in the third quarter

In the third quarter of 2025, the company generated PLN 7.5 million in profit and PLN 36.1 million in operating profit. According to the company's information, during the nine months of 2025, the company allocated PLN 304.2 million for investments, i.e. 42.9% less. compared to the same period in 2024. They were related to the purchase of tangible fixed assets and intangible assets, modernization and the so-called renovation component (repairs and periodic inspections of rolling stock).

In July 2024, the court opened the company's restructuring proceedings. Also in July, the management board decided to carry out group layoffs by the plants and the company's headquarters. At the beginning of June last year PKP Cargo has once again announced that it intends to carry out group layoffs. (PAP)

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