More than a thousand workers have been transferred to lower-paid jobs at Audi in Győr - with up to HUF 400,000 lower gross wages. According to a source at Átlátszó, the current workforce of around 12,000 at the Győr plant is to be reduced to less than 10,000. According to a statement from Audi Hungária, no mass redundancies are currently planned.

The domestic labour market seems to have calmed down: employee turnover is decreasing at national level, but companies are still facing increasing challenges. The key issue this year is not how to recruit, but who and how to retain. Three out of ten new employees leave the workplace during their probationary period, according to the latest national benchmark survey of 128 companies and 104,000 employees by HR-Evolution Ltd., which also revealed the most common reasons behind turnover.

Bad news has recently emerged about German car manufacturers. There are rumours of strikes, shutdowns and factory closures. Viktor Orbán has tried to calm the mood in Hungary, but HR Portal has asked industry players to find out whether the trouble could also catch up with the Hungarian subsidiaries of German car makers.

Artificial intelligence is already having a noticeable impact on the IT labour market, so it could bring many changes this year. Some jobs will remain in demand, but overall there is a downward trend in the employment of IT professionals - cost-cutting and the emergence of AI could bring a reshuffling of the market, according to a press release.

More than 60,000 jobs have been lost in the global investment banking sector this year, according to a Financial Times industry survey published on Wednesday.

One in three workers are likely to quit in the next year, while companies expect it to be easier to retain colleagues in the current economic climate, according to an international survey of 17,000 employees and nearly 1,600 employers.

Thanks to the digital switchover and bank mergers, there are fewer and fewer places where customers can do their banking in person. The average number of bank staff has fallen by almost 1,000 in three months. At the end of March, there were 39 499 employees in credit institutions, but at the end of June the number had fallen to 38 585.

The outflow of intellectual workers rose to a historic 19 percent last year. Only in trade did turnover fall, while it rose in services and manufacturing.

A manager can tell a subordinate in person, by email or even on Zoom that he or she is dismissing him or her. Which is the most humane solution and what approaches do managers use to communicate bad news?

Dreams and reality are two different things. As tempting as it may be to quit your day job after a lucky win may make the daily grind unnecessary, you would be wise to seriously consider it. Here's why you shouldn't quit your job after winning the lottery.