Sony Pixel Power calrec Sony

Magyar Telekom has reached an agreement with the interest representative organizations

04/12/2019

Magyar Telekom has reached an agreement with the interest representative organizations

Budapest, December 4, 2019 16:00

Magyar Telekom has agreed on an average salary increase of 5% and the layoff of maximum 450 persons with the interest representation organizations operating at the company.

According to the agreement, as of April 1, 2020, Magyar Telekoms non-executive employees will receive an average 5% salary development. In addition, as of January 1, 2020, the benefits provided within the cafeteria system will be standardized at the highest value currently granted, regardless of the job category.

Magyar Telekom also intends to maintain its market leading position in the intensifying competition and will continue to invest significant resources in achieving its network development objectives. The reorganization will continue in 2020 to have a more efficient and streamlined organization that responds faster to customer needs and market changes. To this end, the company has agreed with the interest representative organisations to reduce the number of employees with a maximum of 450 persons.

The majority of the involved employees are expected to leave the company during the first quarter of 2020. It is also possible that employees voluntarily inform their managers on their intention to leave. Magyar Telekom supports the re-employment of exiting employees through active job search, job market training and personal counseling within the framework of the well-functioning Opportunity Program.
LINK: https://www.telekom.hu/about_us/press_room/press_releases/2019/decembe...
See more stories from telekom

More from Magyar Telekom (T Mobile)

22/02/2024

TIBOR RKASI REAPPOINTED AS CEO OF MAGYAR TELEKOM

TIBOR R KASI REAPPOINTED AS CEO OF MAGYAR TELEKOM Budapest, February 22, 2024 16:45 Magyar Telekoms Board of Directors approved the extension of Tibor R kas...

22/02/2024

MAGYAR TELEKOM ANNOUNCES SHAREHOLDER REMUNERATION PROPOSAL FOR 2023 RESULTS

MAGYAR TELEKOM ANNOUNCES SHAREHOLDER REMUNERATION PROPOSAL FOR 2023 RESULTS Budapest, February 22, 2024 17:30 Magyar Telekom (Reuters: MTEL.BU and Bloomberg...

22/02/2024

MAGYAR TELEKOM RESULTS FOR THE FOURTH QUARTER OF 2023

MAGYAR TELEKOM RESULTS FOR THE FOURTH QUARTER OF 2023 Budapest, February 22, 2024 17:35 Magyar Telekom today reported its consolidated financial results fo...

13/02/2024

AFTER A TEST PERIOD OF ONE AND A HALF YEARS, TELEKOM CLOSES THE 4-DAY WORKING WEEK PILOT PERIOD, WITH NO CHANGE IN THE WORK SCHEDULE

AFTER A TEST PERIOD OF ONE AND A HALF YEARS, TELEKOM CLOSES THE 4-DAY WORKING WE...

04/12/2023

This years esport CUP powered by Telekom ended with a gigantic clash of streamers

This years esport CUP powered by Telekom ended with a gigantic clash of streamer...

08/11/2023

Magyar Telekom results for the third quarter of 2023

Magyar Telekom results for the third quarter of 2023 Budapest, November 8, 2023 17:35 Magyar Telekom today reported its consolidated financial results for ...

17/10/2023

Latest Research: Albeit Being Afraid Of It, Small Entrepreneurs Would Use AI

Latest Research: Albeit Being Afraid Of It, Small Entrepreneurs Would Use AI Budapest, October 17, 2023 15:00 Most micro and small businesses - although th...

16/10/2023

Legendary experience on the Telekom network - the esport CUP by Telekom is here again

Legendary experience on the Telekom network - the esport CUP by Telekom is here ...

02/10/2023

Telco company in the second hand device market - refurbished devices from Telekom

Telco company in the second hand device market - refurbished devices from Teleko...

26/09/2023

Scope Rating GmbH Revises Outlook To Positive On Magyar Telekom's BBB+ Issuer Credit Rating

Scope Rating GmbH Revises Outlook To Positive On Magyar Telekom's BBB+ Issue...

16/06/2023

For the fifth year in a row, Telekom is number one in online mobile and tablet sales

For the fifth year in a row, Telekom is number one in online mobile and tablet s...

13/06/2023

You can double the number of followers with a single post! The Kraft Agency, Telekoms groundbreaking creative team, is one year old

You can double the number of followers with a single post! The Kraft Agency, Tel...

24/05/2023

We switched on. You too - Magyar Telekom increases its 5G outdoor population coverage to 60%

We switched on. You too - Magyar Telekom increases its 5G outdoor population cov...

10/05/2023

Magyar Telekom results for the first quarter of 2023

Magyar Telekom results for the first quarter of 2023 Budapest, May 10, 2023 17:30 Magyar Telekom today reported its consolidated financial results for the...

04/04/2023

May i sprinkle? Easter sprinkling parfume created with the help of artificial intelligence

May i sprinkle? Easter sprinkling parfume created with the help of artificial in...

03/04/2023

Several major Hungarian brands join forces to support SME companies

Several major Hungarian brands join forces to support SME companies Budapest, April 3, 2023 11:00 The two digit inflation may remain with us for a while, b...

22/02/2023

Magyar Telekom results for the fourth quarter of 2022

Magyar Telekom results for the fourth quarter of 2022 Budapest, February 22, 2023 17:35 Magyar Telekom today reported its consolidated financial results f...

22/02/2023

Magyar Telekom announces shareholder remuneration proposal for 2022 results

Magyar Telekom announces shareholder remuneration proposal for 2022 results Budapest, February 22, 2023 17:35 Magyar Telekom (Reuters: MTEL.BU and Bloombe...

08/11/2022

Magyar Telekom results for the third quarter of 2022

Magyar Telekom results for the third quarter of 2022 Budapest, November 8, 2022 17:30 Magyar Telekom today reported its consolidated financial results for ...

03/11/2022

The roaming service in Slovakia is now available with VoLTE (4G voice) technology for Telekoms post-paid customers

The roaming service in Slovakia is now available with VoLTE (4G voice) technolog...

25/10/2022

Speaking from the air, but not into the air - Telekom advised small businesses on digital progress at a special place

Speaking from the air, but not into the air - Telekom advised small businesses o...

22/08/2022

Change in Magyar Telekom's management

Change in Magyar Telekom's management Budapest, August 22, 2022 15:00 Melinda Szab , Chief Commercial Officer, continues her career at Deutsche Telekom...

09/08/2022

Magyar Telekom results for the second quarter and first half of 2022

Magyar Telekom results for the second quarter and first half of 2022 Budapest, August 9, 2022 17:30 Magyar Telekom today reported its consolidated financia...

07/07/2022

Faster and more payment at festivals on the dedicated Campus Network of Telekom and T-Systems

Faster and more payment at festivals on the dedicated Campus Network of Telekom ...

07/07/2022

With new campaign #WhatWeValue Deutsche Telekom supports Gen Z volunteerism across Europe.

With new campaign #WhatWeValue Deutsche Telekom supports Gen Z volunteerism acro...

15/06/2022

Magyar Telekom extends contract with Telekom Veszprm

Magyar Telekom extends contract with Telekom Veszpr m Budapest, June 15, 2022 14:30 Magyar Telekom has extended its sponsorship contract with the Telekom V...

13/06/2022

Final stage of disconnecting the 3G network - The most affected customers were directly notified by the service provider

Final stage of disconnecting the 3G network - The most affected customers were d...

27/05/2022

The professionals of the future are trained with the support of Magyar Telekom in Szkesfehrvr - Device donation for the technical school

The professionals of the future are trained with the support of Magyar Telekom i...

17/05/2022

The professionals of the future are trained with the support of Magyar Telekom

The professionals of the future are trained with the support of Magyar Telekom Budapest, May 17, 2022 09:00 Magyar Telekom started cooperating with technic...

11/05/2022

Magyar Telekom results for the first quarter of 2022

Magyar Telekom results for the first quarter of 2022 Budapest, May 11, 2022 17:30 Magyar Telekom today reported its consolidated financial results for the ...

02/05/2022

From Ukrainian-language customer service to job search assistance: Magyar Telekom's wide range of support for refugees from Ukraine

From Ukrainian-language customer service to job search assistance: Magyar Teleko...

20/04/2022

Hungarian small businesses overestimate their safety and underestimate the risk of phishing

Hungarian small businesses overestimate their safety and underestimate the risk ...

21/03/2022

Digital tools for small businesses from Telekom to have enough time to do other things besides work

Digital tools for small businesses from Telekom to have enough time to do other ...

03/03/2022

Mrta Holl will join Magyar Telekom as Corporate Communications Director

M rta Holl will join Magyar Telekom as Corporate Communications Director Budapest, March 3, 2022 11:00 M rta Holl has been appointed to lead Magyar Tele...

03/03/2022

Telekom helps

Telekom helps Budapest, March 3, 2022 11:00 Magyar Telekom is following the events in Ukraine with concern and sympathy. In the current situation the comp...

23/02/2022

Magyar Telekom's Board of Directors approves shareholder remuneration policy for 2022-2024

Magyar Telekom's Board of Directors approves shareholder remuneration policy...

23/02/2022

Magyar Telekom results for the fourth quarter of 2021

Magyar Telekom results for the fourth quarter of 2021 Budapest, February 23, 2022 17:30 Magyar Telekom today reported its consolidated financial results fo...

16/02/2022

Record sized gigabit network development at Telekom in 2021

Record sized gigabit network development at Telekom in 2021 Budapest, February 16, 2022 09:00 Telekom offers gigabit speeds already to more than 3 million ...

03/02/2022

Another international architecture award won by Telekom Headquarters

Another international architecture award won by Telekom Headquarters Budapest, February 3, 2022 13:30 As a project of the TIBA Architect Studio, the joint ...

11/01/2022

Momentum for the start of the year: 6 GB extra mobile net for Telekom SMB customers for their digital visions

Momentum for the start of the year: 6 GB extra mobile net for Telekom SMB custom...

17/11/2021

Drawing on a special heritage to act for the future. Magyar Telekom holds a charitable auction of its art collection

Drawing on a special heritage to act for the future. Magyar Telekom holds a char...

09/11/2021

Magyar Telekom results for the third quarter of 2021

Magyar Telekom results for the third quarter of 2021 Budapest, November 9, 2021 17:30 Magyar Telekom today reported its consolidated financial results for...

22/10/2021

Scope Ratings GmbH affirms Magyar Telekom at BBB+/Stable credit rating

Scope Ratings GmbH affirms Magyar Telekom at BBB /Stable credit rating Budapest, October 22, 2021 09:10 Magyar Telekom announces that Scope Ratings GmbH as...

20/10/2021

Magyar Telekom among top sustainable companies globally

Magyar Telekom among top sustainable companies globally Budapest, October 20, 2021 11:00 ISS Corporate Solutions ranked Magyar Telekom to be among the best...

19/10/2021

Digital Office packages from Telekom with Zoom videoconferencing service

Digital Office packages from Telekom with Zoom videoconferencing service Budapest, October 19, 2021 10:00 The pandemic, promoting the digital migration, ha...

01/10/2021

Algorithms fine-tuned - The digital journey taken by Beethoven's unfinished Tenth Symphony

Algorithms fine-tuned - The digital journey taken by Beethoven's unfinished ...

19/08/2021

Unlimited mobile internet for Telekom business customers during the long weekend

Unlimited mobile internet for Telekom business customers during the long weekend Budapest, August 18, 2021 08:00 Telekom wants to make the long weekend bre...