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
176 jobs Number of planned job losses
Announcement Date
12 September 2018
Employment effect (start)
28 December 2018
Foreseen end date
27 January 2019
Description
The Ministry of Economy of the Republic of Lithuania, an institution that implements state economic policy, is to dismiss 176 employees in Vilnius by 27 January 2019. The main cause of the dismissals is internal restructuring of the institution. The Lithuanian Labour Exchange will develop a special prevention program for the dismissed employees to facilitate their integration in the labour market. Currently the Ministry of Economy employs 249 employees. The Ministry is responsible for handling government business in the following areas: business environment, investment, export, innovation and others.
Sources
Citation
Eurofound (2018), Ministry of Economy of the Republic of Lithuania, Internal restructuring in Lithuania, factsheet number 95530, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95530.
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