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PZU plans to cut 630 jobs as part of restructure

Jobs cut sign

Polish insurer PZU expects to cut 630 jobs as part of its restructuring plans.

The state-owned insurer, which is Poland's largest in terms of market share, warned of the cuts in a note to regulators.

"Restructuring will affect 3145 people, of which, it is estimated, 630 PZU and

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