Type
Business expansion
Country
Cyprus
Region
Location of affected unit(s)
NA
Sector
Public Administration And Defence
Public Administration And Defence; Compulsory Social Security
Public Administration And Defence; Compulsory Social Security
84 - Public administration and defence; compulsory social security

205 jobs
Number of planned job losses
Job loss
1,288 jobs
Number of planned job creations
Job creation
Announcement Date
19 June 2009
Employment effect (start)
Foreseen end date

Description

The Cyprus Government decided to create 1288 jobs in several of its Ministries, Departments and Services. According to the bill, new jobs will be created mainly in top priority service areas such as health, education, social services and provisions of services for individuals and businesses. Overall, 1288 new jobs will be created and 205 jobs will be abolished (net creation of 1083).


Sources

Citation

Eurofound (2009), Public Sector, Business expansion in Cyprus, factsheet number 69164, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69164.