Manpower: more than a quarter of domestic companies plan layoffs in the fourth quarter

By: Trademagazin Date: 2022. 09. 14. 10:16

For the first time since the first period of the Covid-19 epidemic, more companies operating in Hungary are planning to lay off workers than to increase staff.

Several people are about to get laid off

In the next quarter, 20 percent of domestic employers anticipate expansion, while 26 percent plan to reduce their current workforce. The largest reductions are expected in the most developed regions: Budapest and Western Transdanubia, according to ManpowerGroup’s Labor Market Forecast published today.

ManpowerGroup conducted its quarterly survey among a total of more than 40,000 employers in 41 countries around the world, in which a representative sample of more than 500 employers in Hungary were asked about their fourth quarter hiring intentions.

Manpower