Restructuring events
European Restructuring Monitor (ERM)
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.
The German Federal Government will create 958 new jobs in 2010. According to the budget draft for 2010, 347 jobs will be created in federal authorities and some 600 jobs in subordinate agencies. The federal authorities with the highest staff growth will be the Ministries of Finance (60 posts), Education and Research (52 posts), and Labour and Social Affairs (33 posts).
A spokesperson of the Ministry of Finance said that the effective number of job creation would be much lower because 581 jobs are to be cut at the same time. Moreover, personnel costs have been reduced by 1.5% per year since the 1990s.
Eurofound (2010), Federal Administration, Business expansion in Germany, factsheet number 70182, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70182.