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

30 - 40 jobs
Number of planned job losses
Job loss
Announcement Date
17 April 2018
Employment effect (start)
17 April 2018
Foreseen end date

Description

HírTV, a Hungarian television channel, has announced 30 to 40 job cuts, among which members of the management, program editors, and news readers in Budapest. According to the announcement of the company the dismissal has financial reasons.

HírTV is a Hungarian  nationwide basic cable and satellite television news channel owned by the Nemzet Lap- és Könyvkiadó. The channel was launched in 2003. HírTV had about 280 employees before the dismissal.


Sources

  • 17 April 2018: index.hu
  • 17 April 2018: hvg.hu
  • 17 April 2018: 24.hu

Citation

Eurofound (2018), HírTV, Internal restructuring in Hungary, factsheet number 93868, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93868.