Restructuring events
European Restructuring Monitor (ERM)
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.
National mail company Magyar Posta Zrt. (Hungarian Post Limited Private Company) announced that it will cut 100 jobs during September and October, with the declared aim of reducing bureaucracy and increasing organisational efficiency. Management and administration jobs will be affected, mostly in Budapest. The logistical area and the post office network will not be involved in the dismissal – these areas already suffer from staff shortage.
The firm conducted prior consultations with the company council about the dismissal, and an agreement was reached on redundancy payments.
Magyar Posta, the state-owned mail company is one of the largest employers in Hungary, with approximately 30,000 employees
Eurofound (2018), Magyar Posta Zrt., Internal restructuring in Hungary, factsheet number 95372, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95372.