The JSW management board suspended talks with trade unions. In the background, the words of the Speaker of the Sejm
JSW versus trade unions. The company's management suspends the talks
According to the company's announcement, the change in the trade unions' approach occurred despite the previous convergence of positions during talks with the participation of the Deputy Minister of State Assets, Grzegorz Wrona. The management board indicated that the lack of agreement forces him to analyze alternative forms of restructuring.
The draft agreement provided for a temporary limitation of employee benefits, including: suspension of the 14th salary in the years 2025–27, limitation of the St. Barbara's Day award and suspension of the coal allowance, bonuses and health and safety allowances in the years 2026–28. The unions calculated that the resulting cuts could amount to almost PLN 8 billion over three years.
Why is the management board of JSW suspending talks with trade unions?
What influenced the change in the position of trade unions?
What were the previous arrangements in the negotiations with JSW?
What financial losses did JSW record after three quarters of 2025?
On the joint profile of the HR at JSW and the Trade Union of Miners in Poland at JSW, it was confirmed that on Tuesday “negotiations between representative trade unions and the JSW management board have been suspended“.
“The negotiations were suspended at the initiative of the company's management board. We assume that the suspension occurred as a result of the new situation related to the visit of the Speaker of the Sejm of the Republic of Poland” – said Kadra and ZZG.
Włodzimierz Czarzasty talked to the miners
Marshal of the Sejm Włodzimierz Czarzasty came to Jastrzębie-Zdrój on Tuesday at the invitation of the Miners' Trade Union in Poland. In the company of Deputy Minister of Energy Marian Zmarzły, among others. met with representatives of the union and the company.
At a later briefing, the marshal referred to talks between the JSW management board and the social side, with the participation of the Deputy Minister of State Assets, Grzegorz Wrona, regarding a draft agreement that would adjust remuneration costs to the company's current financial capabilities.
“I know that talks are taking place at the moment and I know that this issue at the coalition level should be analyzed and discussed quickly. I gained basic knowledge that gives me the opportunity to take a position on this matter, and that's what I really came for” – explained the head of the New Left.
He considered the company's situation to be very difficult. “I think that due to the fact that coking coal is mined here, due to the number of employees or due to the recent poor management of this company, discussions and decision-making must accelerate,” he said.
He declared that he will take part in such a discussion on behalf of himself, the people he talked to in Jastrzębie, and the Lefttaking a position that takes into account the interests of JSW employees, but also the interests of the state in the perspective of taking care of rare coking coal resources in Europe.
JSW's difficult financial situation
The company's finances are in crisis. After three quarters of 2025 JSW recorded a net loss of PLN 2.9 billion on revenues of PLN 7 billion. In the third quarter alone, the net loss amounted to PLN 794 million, and EBITDA excluding one-off events amounted to minus PLN 485 million. The Management Board emphasizes that the adoption of the trade union agreement is crucial for obtaining a loan of PLN 2.9 billion from the Reprivatization Fund and for the further operation of the company.
JSW mines in four mines and is listed on the stock exchange, with a majority shareholding of the State Treasury (55.16%).. The financial situation and tensions in negotiations show that the company is facing a difficult period that requires a compromise between job protection and the need for restructuring.
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