Trade unions outraged over gov't bureaucrat axe plan

Portfolio
It is unacceptable for the government to announce a 15 to 20% cut in central public administration headcount without prior talks and impact studies, the Hungarian Trade Union Confederation (MaSZSZ) stated on Wednesday.
The government said on Tuesday it planned to eliminate parallel structures in the system and to wind up jobs made obsolete by digitalisation, leading to the loss of 15 to 20% of the current 14,000 jobs. The Hungarian Trade Union Confederation finds the lack of consultations unacceptable on a measure that may affect the livelihood of thousands.
 

More in Economy

Reuters-forrasmegjeloles-orosz-ukran-haboru-ukrajna-oroszorszag-ukran-katona-ukran-katonak
November 21, 2025 15:56

Trump threatens Ukraine to accept peace deal

This behaviour has almost led to a collapse once before

D__HR20251020017
November 21, 2025 15:20

The new leadership of the MNB is approaching its first real test. What will the Hungarian central bank do?

Soon they will have to make a really tough decision

influenza-vírus-gyógyszer-h1n1
November 21, 2025 11:56

Respiratory viruses start circulating surprisingly early this year

ECDC issues recommendations and urges people to get vaccinated

mnb jegybank
November 21, 2025 09:39

Hungarian banks say economic environment has deteriorated, but expect improvement - MNB

Profitability declined but will recover

virág barnabás mnb bef
November 21, 2025 09:28

Hungarian central bank Governor Barnabás Virág steps down

Péter Banai is the new candidate

energia hálózatfejlesztés rezsicsökkentés energetika
November 21, 2025 09:23

Slowly but surely, investments in Hungary are hitting rock bottom

Another quarter of contraction is behind us

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search