Skip to content
GovLens is in free beta — full access while we build. Join the beta →
Feed/BUD2015/2125(BUD)Finance & Budget

EGF Mobilisation: Finland (Broadcom)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 133mo ago
View source

This procedure concerns the mobilisation of the European Globalisation Adjustment Fund (EGF). The fund provides financial assistance to workers and self-employed persons who have lost their jobs due to major structural changes in world trade patterns or the global financial and economic crisis.

This specific application relates to job losses in Finland's electronics sector, following redundancies at Broadcom. The EGF aims to help affected workers re-enter the labour market through training and support measures.