January 19, 2026 / 14:09
Regulatory filing
The Management Board of Agora S.A. (“Agora”) with its registered office in Warsaw, in relations to regulatory filing no. 32/2025 dated December 30, 2025, hereby informs that on January 19, 2026 has received information on the conclusion by Agora’s subsidiaries: Wyborcza sp. z o.o. (“Wyborcza”), Gazeta.pl sp. z o.o. (“Gazeta.pl”) and Eurozet Consulting sp. z o.o. (“Eurozet Consulting”) of agreements with the trade union (which fulfill the provisions of article 3, Section 1 of the Act of March 13, 2003 on Special Rules for Termination of Employment for Reasons Not Attributable to Employees); in the case of Wyborcza, the agreement was concluded with the involvement of work council, pursuant to Article 13, Section 1 Point 2 in connection with Art. 14 of the Act of 7 April 2006 on informing and consulting employees, hereinafter, the above agreements are jointly referred to as the “Agreements”; and on adopting by the Management Boards of Wyborcza, Gazeta.pl and Eurozet Consulting on January 19, 2026 resolutions to execute collective redundancies in accordance with the provisions of the Agreements.
The collective redundancies shall be executed from January 20, until February 28, 2026 and shall affect:
within the following professional groups: operational support, sales, business support and editorial.
In accordance with the Agreements, the laid-off employees will receive a redundancy payment required by law.
In addition, in the event of termination of employment by mutual agreement, redundancy payment will be increased by additional compensation, the amount of which will depend on the employee’s seniority at the relevant company. Employees leaving under such agreements will also be offered co-financing of medical care until December 31, 2026, psychological support and other measures aimed at facilitating their adaptation to new employment conditions.
As part of the collective redundancy process, some employees may be offered changes to the terms and conditions of employment.
In accordance with applicable regulations, Wyborcza, Gazeta.pl and Eurozet Consulting will submit the required information, including the content of the Agreements, to the competent District Labour Office.
In relations to regulatory filing no. 32/2025 dated December 30, 2025, the Management Board of Agora further informs that the employment restructuring within the Agora Capital Group will also cover Agora, which intends to terminate up to 20 employees in the areas of business and operational support, as well as Grupa Radiowa Agory sp. z o.o. (“GRA”) and Eurozet sp. z o.o. (“Eurozet”), where the restructuring will affect a total of up to 10 employees in the areas of operational support, sales, business support, and editorial. In these companies, the restructuring will not constitute group layoffs due to the number of employees affected, which
does not exceed the thresholds specified in the Act on Special Rules for Termination of Employment for Reasons Not Attributable to Employees. Notwithstanding the above, Agora, GRA, and Eurozet plan to carry out terminations under conditions analogous to those agreed between Wyborcza, Gazeta.pl, and Eurozet Consulting and the trade union operating in those companies.
In total, the Agora Capital Group will terminate up to 166 employees as part of the employment restructuring, representing 6.56% of the Group’s workforce.
In total, as part of the employment restructuring, the Agora S.A. Capital Group plans to dismiss up to 166 employees, representing approximately 6.56% of the Group’s total workforce.
The estimated value of provisions related to the collective redundancies and restructuring the employment at Agora S.A., Grupa Radiowa Agory Sp. z o.o. and Eurozet Sp. z o.o., which will burden the Agora Group’s financial result in Q4 2025, amounts to approximately PLN 11.7 million.
The final figures regarding the amount of the provision and the effect of the employment restructuring on the Agora Group’s financial results will be disclosed in the consolidated financial statements of the Agora S.A. Capital Group for the year ended December 31, 2025.
Legal basis: article 17, paragraph 1 of the Regulation of the European Parliament and Council Regulation (EC) No. 596/2014 of April 16th, 2014 on market abuse (Regulation on Market Abuse) and repealing Directive 2003/6/EC of the European Parliament and of the Council and the Commission Directive 2003/124/EC, 2003/125/EC and 2004/72/EC (Acts. Office. EC L 173, 06.12.2014).
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