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.
Professional Services 70 - Activities of head offices and management consultancy 70.2 - Business and other management consultancy activities 70.2 - Business and other management consultancy activities
55 jobs Number of planned job losses
Announcement Date
9 September 2026
Employment effect (start)
9 October 2026
Foreseen end date
9 December 2026
Description
Inovaciju agentura, Lithuanian public innovation agency, announced the dismissal of 55 employees (41 management and organisational analysts, 6 accountants and other managers and specialists) as part of a structural reorganisation aligning with the 2026–2030 strategy.
The cuts will take effect from 9 October 2026 through 9 December 2026, reducing its workforce from 342 to 287 staff members.
The restructuring aims to clarify responsibilities, reduce duplication, streamline service delivery and improve support for Lithuanian businesses. The agency will reorganise its departments around strategic priorities, with a continued focus on innovation, exports and business productivity.
Citation
Eurofound (2026), Innovation Agency Lithuania, Internal restructuring in Lithuania, factsheet number 301252, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301252.
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