The new cuts on the public sector

Our government has announced more cuts on public expenses and to achieve that has decided to cut on public employees salaries.
Amongst these measures it was decided to cut not only the actual salaries, but on those employees annual leave, raise the working hours from 35 to 40 per week without raising the salaries, offer compensations to those who willingly left their job and raise the employees' contributions to the state etc.
Some are very critic of these measures here in Portugal for they believe it will only raise unemployment even more.
I tend to agree with this, because I do not see my government trying to increase investment in my country by offering good conditions to investors who could bring excellent working opportunities to my country. Really offering them conditions capable of attracting these investors and make them believe it will be great for their businesses to come here.  I believe there is no economic growth if you don't invest, so all these cuts are not really helping our economy.
However the cuts on the public sector don't chock me at all.
Since I've always worked for the private sector and never had the same privileges, it doesn't seem so dreadful to me that they will now work the same amount of hours as I, nor that they will now have the same amount of annual leave.
The problem here is that they were used to all these privileges and now they see it slipping between their fingers. Obviously they don't like that.
To me it only makes our society a little bit more even.
Now what is missing is for our government to think on how they will help my country's economic growth.