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.
Following government talks on the general fiscal plan for 2019-2022, the government announced that it will increase the personnel resources of public employment services in Finland. Public employment and business services (TE Services) will hire 206 full-time employees during 2018. Most of them will be created in the Uusimaa region in southern Finland, but other regions will also be affected as the new employees will be placed at local employment offices around the country. The job creation is expected to cost approximately EUR 11 million in 2018.
The demand for public employment services has increased due to new labour market policies, including the so-called ‘Active Model’ which relates unemployment benefits to the efforts of the unemployed to find work.
Local TE offices around the country employed some 2,700 people in 2016.
Eurofound (2018), Public employment and business services (TE Services), Business expansion in Finland, factsheet number 93874, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93874.
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