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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Provision Of Services To The Community As A Whole 84.22 - Defence activities
1,000 jobs Number of planned job losses
Announcement Date
26 August 2011
Employment effect (start)
Foreseen end date
31 December 2011
Description
Some 30% of the 3,500 staff working at the military secret services and the allied joint forces will be "affected by rationalisation" this year, Defence Minister Csaba Hende said. Some of those people will retire, some will be transferred to other posts and others will leave the forces and find employment elsewhere, Hende said.
The selection of people to be laid off has just started. Military capabilities will not be reduced but rationalisation is necessary and red tape must be cut so extensive reorganisation will be carried out this year, the minister said.
Newspaper Nepszava reported that the rationalisation measures would mostly affect those who have 25 years in service and can therefore retire. The newspaper said this information had been confirmed from various sources but the ministry denied that 1,000 people would be forced to retire this year.
Sources
29 August 2011: Menedzser Fórum
29 August 2011: Budapest Business Journal
Citation
Eurofound (2011), Ministry of Defense, Internal restructuring in Hungary, factsheet number 72323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72323.
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