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BRIEF-Magyar Telekom to hike wages, lay off hundreds of workers
October 4, 2017 / 11:33 AM / in 15 days

BRIEF-Magyar Telekom to hike wages, lay off hundreds of workers

Oct 4 (Reuters) - Magyar Telekom Tavkozlesi Nyrt

* Agreed with unions on average 5 percent wage hike in 2018

* To lay off nearly 350 people at parent company, further 160 workers could be sacked due to lower project resource needs

* Most affected workers to leave company by the end of 2017 Further company coverage: (Reporting by Gergely Szakacs and Sandor Peto)

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