Internal restructuring
Manner-Suomi; Etelä-Suomi; Uusimaa
Location of affected unit(s)
Public Administration And Defence
Public Administration And Defence; Compulsory Social Security
Administration Of The State And The Economic And Social Policy Of The Community
84.11 - General public administration activities

56 jobs
Number of planned job losses
Job loss
Announcement Date
29 May 2013
Employment effect (start)
1 September 2013
Foreseen end date


Valtiokonttori, the Finnish state treasury, has announced redundancies of up 70 of its 500 staff due to anticipated budget cuts in 2014. The agency, responsible for many of the financial transactions of the Finnish government, faces 4.5 million Euros of budget cuts for 2014 but vital activities as the government debt management and payment traffic will be excluded from the restructuring. Negotiations with the employee representatives have already been initiated and are expected to be concluded by the end of August 2013.

Udated, 29-08-2013: Valtiokonttori has concluded negotiations and reports 56 redundancies, 21 of which would be direct dismissals.


  • 29 May 2013: Taloussanomat
  • 29 May 2013: Agency press release
  • 29 August 2013: Taloussanomat


Eurofound (2013), Valtiokonttori, Internal restructuring in Finland, factsheet number 75469, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75469.