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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Programming And Broadcasting Activities 60 - Programming and broadcasting activities
600 - 800 jobs Number of planned job losses
Announcement Date
31 May 2006
Employment effect (start)
31 May 2006
Foreseen end date
Description
Hungarian state television, Magyar TelevÃzió Zrt. (MTV), is terminating contracts with all its external, contracted employees, which may result in cutting 600-800 jobs (of e.d.ws - "economically dependent worker", implying independent workers/entrepreneurs from legal aspects, but whose main income is from the company). The state television is undergoing structural reorganisation and the dismissals were decided after a review of the human resources. The collective agreement at MTV, in effect as of 1 May 2006, prescribes that contracted e.d.ws can only be employed in case no staff persons can fulfill certain assignments. The dismissals are in effect as of 31 May but negotiations are expected to continue until mid-June when a final decision is expected on the number of people who will be contracted in the future and who will be hired as staff. MTV currently has 1,680 employees on staff.
Sources
31 May 2006: Index
1 June 2006: Világgazdaság
Citation
Eurofound (2006), Magyar TelevÃzió, Internal restructuring in Hungary, factsheet number 63600, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63600.
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