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JSW limits employment guarantees

On 17 November 2025, the JSW SA Management Board signed an annex to the Collective Agreement with Representative Trade Union Organizations of 31 March 2021 which guaranteed employment until 2031. The decision was made in connection with JSW's difficult financial and organizational situation and the business restructuring process that has been initiated.

Under the new agreement, employment guarantees will be limited and will not cover certain groups of employees. According to the provisions of the annex, persons employed in the Management Board Office and in the Production Support Unit, as well as mine employees working on white-collar positions on the surface will not be protected against dismissal. An exception is made for employees of the Coal Preparation Plant and surface supervisors.

Employees with retirement entitlements and those who destabilize the organization of work through regular or prolonged absences have also been excluded from the existing guarantees. Absences caused by an accident at work or occupational disease are an exception in the latter group.

"The annex is a difficult but necessary adjustment measure," said Bogusław Oleksy, acting president of JSW SA. "Our goal is to secure the future of the Company and maintain its financial liquidity. This requires making responsible decisions that will simplify the organizational structure, reduce costs, and increase operational efficiency. These changes are necessary to ensure the conditions for JSW's further operations. At the same time, I would like to emphasize that dialogue with the trade unions will continue in an atmosphere of cooperation and respect for employee rights,” added Bogusław Oleksy. 

As part of preparations for implementing its business restructuring plan, JSW is striving to simplify its organizational structure, reduce administrative expenses, and increase production efficiency. The goal is to improve financial liquidity and maintain employment stability in key business segments.

 

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