Agora Layoffs Job Cut: may fire 400 employees Poland

The news is not good for the employees of the Agora, which is major media group of Poland. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Agora Organization, which may be going for layoffs.
How many employees may be fired in the Agora layoffs?
As per the reports, there can be around 400 layoffs by Agora. Earlier announced no. was 300, which is now increased to 400.

What is the total no. of employees of Agora?
The total no. of employees of Agora is 4000.

What will be the cost and savings by Agora layoffs?
Around 2.3 million zlotys will be set aside for layuoff costs

When will the Agora layoffs happen?
No conrete info is available about the dates.

Which locations and department of employees will be affected by the Agora layoffs ?
No info available location wise.

What is the primary reasons for Agora layoffs?
Slump in global economy, falling demand, bad sales and no outlook for revival are the main reasons for layoffs.

Any other news about Agora layoffs
As per Reuters, Gazeta Wyborcza - has been hit by falling circulation and dwindling advertising revenues.
Let's hope that alternative jobs are available to the affected employees of Agora Layoffs Job Cut