ADVERTISEMENT

Prime Minister’s Office announces plans to lay off 20% of staff

In Hungary

Every one employee in five will be dismissed from the Prime Minister’s Office (PMO) due to austerity measures. PMO head János Lázár ordered the cuts, citing spending freezes imposed in links with the need of lifting the excess deficit procedure against Hungary. The dismissals will affect 55 of the Office’s 275 employees. State secretaries, their deputies and the government spokesman have one week to put proposals on table with names of redundant staff. There will also be dismissals at other ministries due to the government freeze, but not as much as 20% everywhere, news website Index reports. The selected PMO employees will be notified on July 2 at the earliest and July 31 at the latest.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.