The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(61 - 63) Information / Computing 63 - Computing infrastructure, data processing, hosting and other information service activities 63.1 - Computing infrastructure, data processing, hosting and related activities 63.10 - Computing infrastructure, data processing, hosting and related activities
200 jobs Number of planned job losses
Announcement Date
6 August 2025
Employment effect (start)
6 August 2025
Foreseen end date
30 November 2025
Description
Hungarian streaming service provider Byborg, a subsidiary of Docler Holding, announced the layoff of 200 employees of its Budapest office, to be implemented in the coming months. The downsizing is set to be completed in the autumn.
The layoff is connected to the pursuit of automation and the increasing reliance on AI tools. In addition to the automation drive, the company faces a negative international economic environment and a contraction of market opportunities, says the management.
The affected employees have already been informed both verbally and in writing.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
