Type
Internal restructuring
Country
Hungary
Region
Location of affected unit(s)
Vas, Zala, Kisalföld, other locations
Sector
Media
58 - Publishing activities
58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
58.12 - Publishing of newspapers

200 jobs
Number of planned job losses
Job loss
Announcement Date
21 July 2026
Employment effect (start)
21 July 2026
Foreseen end date
31 December 2026

Description

Mediaworks, a Hungarian media and publishing company, has announced the cancellation of roughly 200 positions within its county-level newspaper operations. The list of affected newspapers is not known, but as a clarification, the company states the layoffs are merely the legal completion of a countrywide restructuring effort that began earlier.

The expected employment effect of this restructuring was reported in early June in tentative terms. The company’s restructuring is driven by its efforts to regain its footing after the newly elected government discontinued the government advertising contract that had provided the bulk of the conglomerate's revenue.


Citation

Eurofound (2026), Mediaworks Hungary, Internal restructuring in Hungary, factsheet number 300849, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300849.