Jerusalem Municipality to layoff over 2,000 employees due to massive budgetary shortfall

"We were expecting that during a period of terrorism there would be wider support, rather than a cold shoulder," says Barkat of Finance Ministry.

Against the backdrop of a perfect fiscal storm following months of terrorist attacks in the capital, the Jerusalem Municipality announced on Thursday that it will be forced to layoff over 2,000 city employees due to a massive 2016 budgetary shortfall.

The edict follows weeks of very public feuding between Jerusalem Mayor Nir Barkat and Finance Minister Moshe Kahlon over emergency aid for foundering city businesses, and Barkat’s repeated requests for a NIS 450 million infusion to balance the city’s budget.

Source: http://www.jpost.com/Israel-News/Politics-And-Diplomacy/Jerusalem-Municipality-to-layoff-over-2000-employees-due-to-massive-budgetary-shortfall-438995

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