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 Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84618.
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