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.
Public Administration / Defence 84 - Public administration and defence; compulsory social security 84 - Public administration and defence; compulsory social security 84 - Public administration and defence; compulsory social security
205 jobs Number of planned job losses
1,288 jobs Number of planned job creations
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).
Citation
Eurofound (2009), Public Sector, Business expansion in Cyprus, factsheet number 69164, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69164.