Bulgarian Finance Minister Makes Cuts In Staff

The old Bulgarian civil service system is perhaps now coming to an end. This is where perhaps there were six people employed assigned to particular tasks which could be done by one person, even without having to multi-task. The wastage of manpower has been bordering on the ridicules, even in the private sector. Perhaps EU influence is showing here with substantial savings that will be made from reducing unnecessary staff. I can’t see any reduction in taxes as a result though – This of course is normal tight fisted financial politics.

In line with its restructuring plans, the Bulgarian Finance Ministry will make redundant more than 90 employees, or 14% of its total headcount of over 700. The lay-offs will be implemented at two groups starting with 10% by October 1 and another 4% by the end of the year. The number of civil servants reporting directly to the minister will be lowered by 13 to eight.

Source: http://news.dnevnik.bg/