Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Valencia to cut up to 50pct of public workers

Source: Bloomberg - Sun 22th Apr 2012
Valencia to cut up to 50pct of public workers

The Spanish region of Valencia plans to cut 40 percent to 50 percent of its almost 11,000 public workers to save money, the area's Vice President Jose Ciscar said in an interview with El Mundo.

Along with the "significant" job reduction plan, the regional government will transform the 43 public companies and entities into six big groups, Ciscar said, according to the newspaper.

On Friday Ciscar also told the newspaper how he had no concerns that the central government could intervene in the region's finances to take control of their budget.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Blogs