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IBM: Gradual Redundancies at the Vác Plant

Aug 15, 2023

The layoffs at IBM's Vác plant (north of Budapest) will be carried out gradually in consultation with the works council and the union until the end of production activities, scheduled for the first quarter of 2024; production will be transferred to Mexico, and some of the Vác employees will be transferred to other IBM units, […]

More Redundancies Likely in Hungary

Sep 13, 2022

In the last quarter of this year, 26% of companies operating in Hungary plan to lay off workers, the employment agency ManpowerGroup said on Tuesday, the state news agency MTI reports. According to a survey by the recruitment agency, half of domestic companies are not planning any changes, but only a fifth of them plan […]

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