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.
(58 - 60) Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
600 - 800 jobs Number of planned job losses
Announcement Date
31 May 2006
Employment effect (start)
31 May 2006
Foreseen end date
Description
Hungarian state television, Magyar Televízió Zrt. (MTV), is terminating contracts with all its external, contracted employees, which may result in cutting 600-800 jobs (of e.d.ws - "economically dependent worker", implying independent workers/entrepreneurs from legal aspects, but whose main income is from the company). The state television is undergoing structural reorganisation and the dismissals were decided after a review of the human resources. The collective agreement at MTV, in effect as of 1 May 2006, prescribes that contracted e.d.ws can only be employed in case no staff persons can fulfill certain assignments. The dismissals are in effect as of 31 May but negotiations are expected to continue until mid-June when a final decision is expected on the number of people who will be contracted in the future and who will be hired as staff. MTV currently has 1,680 employees on staff.
Sources
31 May 2006: Index
1 June 2006: Világgazdaság
Citation
Eurofound (2006), Magyar Televízió, Internal restructuring in Hungary, factsheet number 63600, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63600.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...