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.
Professional Services 73 - Activities of advertising, market research and public relations 73.3 - Public relations and communication activities 73.30 - Public relations and communication activities
110 jobs Number of planned job losses
Announcement Date
17 April 2026
Employment effect (start)
17 April 2026
Foreseen end date
Description
Digital Democracy Development Agency ("Digitális Demokráciafejlesztési Ügynökség (DDÜ)") is a Hungarian political-marketing agency operating out of a 13th-district office in Budapest. The agency announced a reduction of about 110 jobs, representing roughly 92 per cent of its current workforce.
The restructuring follows a sharp decline in financing after the governing Fidesz party’s election defeat. The company is also reportedly planning to relocate its operations, although the future location has not yet been disclosed.
The layoffs started immediately during internal staff meetings, with around 60 coordinators reportedly dismissed first, while remaining employees were called individually and encouraged to leave through mutual termination agreements. Only a small core team, estimated at around 10 employees, is expected to remain.
The company managed the party's digital political communications, coordinated online campaigns and employed around 120 workers according to February 2026 registry data.
Citation
Eurofound (2026), Digitális Demokráciafejlesztési Ügynökség, Internal restructuring in Hungary, factsheet number 300380, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300380.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...