Restructuring events
European Restructuring Monitor (ERM)
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.
The State Social Insurance Fund Board of the Republic of Lithuania intends to dismiss 435 people in different territorial offices in Lithuania as of the beginning of 2012. According to the management, the restructuring will help to save up to around 10.4 million LTL (3 million EUR) annually.
The State Social Insurance Fund Board of the Republic of Lithuania is operating under the Ministry of Social Security and Labour and is a key institution engaged in administration of the public social insurance funds in Lithuania. It currently employs around 3,700 people.
Eurofound (2011), The State Social Insurance Fund Board of the Republic of Lithuania, Internal restructuring in Lithuania, factsheet number 72285, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72285.
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