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 72 - Scientific research and development 72.1 - Research and experimental development on natural sciences and engineering 72.1 - Research and experimental development on natural sciences and engineering
90 jobs Number of planned job losses
Announcement Date
9 September 2015
Employment effect (start)
Foreseen end date
Description
The Geological Survey of Finland (Geologian tutkimuskeskus), is to reduce its workforce by 90 full-time equivalents. The measure is due to a reduction of public funding.
In 2009, the agency received more than EUR 42 million, which can be compared to this year's EUR 36 million. And next year's draft budget amounts to less than EUR 33 million.
GTK is an agency of Finland’s Ministry of Employment and the Economy and currently employs 550 people, half of whom are researchers.
Sources
9 September 2015: MaaseudunTulevaisuus.fi
Citation
Eurofound (2015), Geologian tutkimuskeskus, Internal restructuring in Finland, factsheet number 84618, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84618.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...