The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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
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.
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