Magyar Posta to Temporarily Close 366 Offices, Lay Off 300 Workers

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State-owned postal services company Magyar Posta will temporarily close down 366 post offices in 210 settlements after November 11 in order to reduce energy consumption and lay off 300 workers, streamlining its management and service areas, the company said on Friday, according to a report by state news wire MTI.

Magyar Posta said the 740 workers affected by the temporary shutdowns will be transferred to other post offices, serving customers with increased capacity. In the settlements where there is no other operating post office, customers will be served by mobile post offices, it added.

Magyar Posta noted that there will still be more than 2,200 post offices operating across the country after the temporary closures. It said there are 3.46 post offices per 10,000 people in Hungary compared to 2.91 in Europe.

In addition, the company is implementing several major restructuring projects in logistics, delivery, letter and parcel reception, and processing in order to improve the efficiency of operations, Magyar Posta said.

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