Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The chemical company Eni and the trade unions have signed an agreement foreseeing an internal restructuring plan with 900 voluntary retirements. Eleigible workers are those who will accrue, in the period of validity of the agreement, the requirement to access the pension within the following 5 years.
There will also be 500 new hirings aimed at generational turnover and the introduction of new skills and new competences.
The 500 new positions should be filkled by the end of 2021 and will be supported by an expansion contract (introduced in 2019 by the Growth decree and extended with the 2021 Budget Law) which the parties have signed at the Ministry of Labour and Social Policies.
The company is also planning to launch a training and upskilling program of 1 million hours/year involving 20,000 workers.
Eurofound (2021), Eni, Internal restructuring in Italy, factsheet number 104406, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104406.