NEWS
Government plans widespread layoffs
RIGA - At least three of Latvia’s government ministries have announced plans to take the first steps in a massive round of government layoffs aimed at helping to balance the budget. The layoffs came in response to a call from Prime Minister Ivars Godmanis for each ministry to reduce its staff by at least 5 percent. That decision mirrored the need for drastic cuts to the national budget in the wake of reduced income from taxes and near-zero economic growth in the first half of the year. “This ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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