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31st August, 2018

Magyar Posta to cut 100 jobs

Magyar Posta will dismiss 100 employees in the autumn, in a move already discussed with the company council, the company announced on Thursday.

The cuts will affect only administrative or higher positions but not logistics and distribution, where there is a shortage of labour.

Magyar Posta is aiming to increase its profitability and eliminate some levels of management.

Management has agreed with the company council on assistance and compensation to be given to the dismissed.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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