May 16 (Reuters) - Teva Pharmaceutical
* Teva plans to lay off 500 workers at Hungarian plant in Godollo in coming months - national news agency MTI reports, citing company.
* Teva plans to close down or sell Godollo plant by end of 2018.
* Plant in Godollo to operate with reduced capacity until mid-2018.
* Teva says its plans do not affect its other two Hungarian plants in Debrecen and Sajobabony. (Reporting by Krisztina Than)