Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60.2 - Television programming and broadcasting activities

800 jobs
Number of planned job losses
Job loss
Announcement Date
10 March 2023
Employment effect (start)
10 March 2023
Foreseen end date

Description

The television broadcasting company Sky Italia, Italian subsidiary of the UK-based Sky Group, presented a redundancy plan to the unions entailing 800 jobs cut (in addition to the 400 layoffs already announced in 2021 (Sky 2021 - IT), bringing the total number of departures to 1,200). The job cuts are scheduled following a voluntary layoff scheme, which has become essential in response to the effects on business operations brought about by shifts in the macroeconomic environment during the previous year. 

The figure has been proposed by the company, but the relevant trade unions are clearly disheartened by this situation and will attempt to counteract the redundancies. Within the plan proposed by the company, there is also an internalisation process (including support for IT systems, post-production and production activities, and support for the active cycle) that should help alleviate the dismissal (through an upskilling, reskilling, insourcing plan).


Sources

Citation

Eurofound (2023), Sky Italia, Internal restructuring in Italy, factsheet number 108659, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108659.