Type
Internal restructuring
Country
Hungary
Region
Location of affected unit(s)
NA
Sector
Public Administration And Defence
Public Administration And Defence; Compulsory Social Security
Provision Of Services To The Community As A Whole
84.22 - Defence activities

1,297 jobs
Number of planned job losses
Job loss
Announcement Date
1 April 2005
Employment effect (start)
1 April 2005
Foreseen end date
31 December 2005

Description

The Hungarian Ministry of Defence has announced a restructuring plan on 1 April 2005. The Ministry plans to reduce costs through a reorganisation of its structure and the reduction of its departments (from 21 to 11). 432 employees will benefit from early retirement measures, 261 will be dismissed by 1 April 2005. In consequence of the reorganisation the number of dismissed employees will increase until December 2005 and will concern 1,297 persons.


Sources

  • 4 April 2005: Napi Gazdaság
  • 1 April 2005: Napi Gazdaság

Citation

Eurofound (2005), Hungarian Ministry of Defence, Internal restructuring in Hungary, factsheet number 61370, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61370.