Yes, SkyEurope had to close down it's Base in Budapest, officially because they need the aircraft in Vienna. Most Pilots got the option to re-locate to a different base, either in PRG or BTS. The CA's just got sacked and deprived of their last salaries.
They also closed their base in KRK, which was a big surprise, after they had invested all their energy into that base only a year earlier, when it was considered as being a brilliant future. All the investments there were in vain, they just couldn't get it to work. Officially, the reason to close down that base is, because KRK apparently has no low-visibility approach, so during winter time they often had to divert. Funny nobody noticed in the last five years.
The main issue, as told by most employees from BUD, was just racism of Slovakians against Hungarians, and the new CEO not being able to solve the problem. Management in Bratislava WANTED Budapest to shut down.