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Many multinational corporations don't seem to have understood that cutting the headcount in Poland is quite the wrong thing to do, Polish Market reports.
At a recent meeting of the HR Policy Group of the British-Polish Chamber of Commerce in Warsaw, Marcin Parnokwsky from the Polish Ministry for Labour gave an overview of research conducted into Poland's future labour market needs.
It was noted that many multinational corporations, seeing the worldwide economic downturn coming, have ordered their subsidiaries in all countries to cut costs by trimming headcount by a given percentage.
However, the Polish economy is growing even in this current economic climate. HSBC Bank forecasts that Polish GDP will grow by 1% in 2009, 2% in 2010 and 3.4% in 2011.
Most Polish subsidiaries are therefore in growth mode but have to do far more work with fewer staff, which is at complete odds with instructions from headquarters somewhere else in the world.