1,600 workers layoffs start at Tungsram

Tungsram said in April that some 1,600 workers will be laid off as it ceases production of its hallmark products by the end of the year. The layoffs will impact workers in Kisvárda and Hajdúböszörmény, in eastern Hungary, and Nagykanizsa and Zalaegerszeg, in southwest Hungary, the company said.

Government to support laid off Tungsram employees

The government is allocating funds to the re-training and re-employment of Tungsram workers laid off as the company is stopping the manufacturing of traditional lighting products, the innovation and technology ministry said on Wednesday.

The government will fund workers’ jobhunting with direct subsidies and training during the notice period, the ministry said in a statement to MTI on Wednesday. Future employers will also be eligible for state subsidies, the statement said.

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Source: MTI