Magyar Posta expects to see a drop in revenue from letter delivery and postal check services, which will be handled via other sources, and it also foresees changes that will affect business activities in HR management. There is, however, no cause for layoffs based on information currently available, the paper said.
In the second quarter of the last year the company had a headcount of approximately 31,300, down by 1,000 as compared to the same period of the previous year, according to public records. Magyar Posta listed a revenue of HUF 191.2 bln in 2013.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
