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 Ministry of Employment and the Economy of Finland has finished employer-employee negotiations with the loss of 200 jobs as the outcome, rather than the initial estimate of 700. The reductions are due to austerity cuts by the government and EU-level decisions regarding financial availability through the structural funds. The redundant positions are white-collar jobs.
The Ministry of Employment and the Economy employs a total of 10,700 people in Finland. The ministry has previously never made people redundant for economic reasons.
Eurofound (2015), Ministry of Employment and the Economy , Internal restructuring in Finland, factsheet number 78103, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/78103.
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