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 And Defence Public Administration And Defence; Compulsory Social Security Administration Of The State And The Economic And Social Policy Of The Community 84.1 - Administration of the State and the economic and social policy of the community
350 jobs Number of planned job losses
Announcement Date
12 June 2014
Employment effect (start)
31 December 2014
Foreseen end date
31 December 2016
Description
Turku municipality has announced that it will cut 350 jobs. According to the source, the municipality began negotiations in March regarding the possibility of 330 redundancies, but this figure was increased.
The source reports that Turku municipality will reduce staff by 175 employees in 2015 and 2016 respectively. The job cuts are part of a cost savings measure intended to save €8.4 million per year. The City Council of the Turku Municpiality approved the savings package in June. According to the source, statutory negotiations will begin on August 7th and are expected to last for six weeks.
Sources
12 June 2014: Svenska YLE
17 June 2014: Svenska YLE
24 June 2014: Svenska YLE
Citation
Eurofound (2014), Turku municipality, Internal restructuring in Finland, factsheet number 77168, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77168.
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