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Magyar Telekom Tavkozlesi Nyrt reaches agreement with trade unions

Thursday, 24 Jul 2014 03:30am EDT 

Magyar Telekom Tavkozlesi Nyrt:Announces that it has reached an agreement with the trade unions on its headcount reduction and wage increase measures for FY 2015/2016.Says according to the terms of the agreement, the company plans to make maximum 1700 employees redundant.Says 40 per cent is expected to leave the company between Oct. 1 and March 1, 2015 while the remaining 60 per cent is expected to leave as of Jan. 1, 2016. 

Company Quote

0.0501 +0.65%
10 Sep 2014