Type
Internal restructuring
Country
Hungary
Region
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
NA
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60.2 - Television programming and broadcasting activities

250 jobs
Number of planned job losses
Job loss
Announcement Date
23 November 2012
Employment effect (start)
22 December 2012
Foreseen end date

Description

On 23 November 2012 MTVA, the public media holding group, announced the dismissal of 250 employees, effective on 22 December 2012.

The public television will cease operation in five regions and 40 radio stations country-wide, and the news network will be dismantled. Very few correspondents will be kept on in order to deliver news reports. In some counties MTVA intends to subcontract local radio and TV stations instead of producing their own programmes.


Sources

  • 9 November 2012: HR Portal
  • 23 November 2012: Népszabadság
  • 23 November 2012: Heti Világ Gazdaság

Citation

Eurofound (2012), Médiaszolgáltatás-támogató és Vagyonkezelő Alap, Internal restructuring in Hungary, factsheet number 74664, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74664.