Agora S.A. has reached an agreement with trade unions on group layoffs. They will cover up to 180 employees, and the estimated amount of the provision for this, which will burden the result in the first quarter of 2024, will amount to approximately PLN 10 million (EUR 2.3 million), Agora said in a press release. As stated, the group layoffs will be carried out in the period from February 12 to March 31, 2024.

The company assured that employees will also be covered by protective measures including, among others, support in job search and retraining, psychological care and basic medical care until the end of 2024. As reported at the time, the intention of the management board was to conduct layoffs of up to 190 employees working in the digital and printed press and internet areas from February 5 to March 31, 2024.