Budapest Transport lays off 346 employees
The Budapest Transport Company (BKV) reduced its workforce by 346 employees by the end of the second quarter of 2016 compared to the beginning of the year, Hungarian portal mfor.hu reported this morning, based on data published by the transport company.
Layoffs have taken place chiefly among full-time workers, the portal noted. The press office of the transport company told the portal that the number of workers at the company has been reduced primarily due to the drop in performance of a new bus operating model. The press office added that layoffs took place mainly in the arm responsible for bus operations.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.