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.
Pam Panorama has initiated collective redundancy procedures affecting 255 employees across 15 stores in Lazio, Emilia-Romagna, and Toscana. The procedure, opened on 29 March, impacts 13 hypermarkets and 2 supermarkets, with approximately 200 redundancies in Rome alone across locations including Ostia, Tiburtina, I Granai, and Lunghezza, alongside stores in Formia, Alatri, Cassino, and other areas. The Latina store has already closed.
The company attributes the redundancies to structural crisis exacerbated by declining hypermarket viability, management restructuring, and reduced consumption following the pandemic. Trade unions challenge this explanation, noting a pattern across affected regions of reducing established staff with better contractual conditions to replace them with fewer employees on lower-cost contracts. They cite progressive dismantling over recent years through repeated mobility procedures, discriminatory application of wage supplementation schemes, and deteriorating service standards.
Trade unions Filcams, Fisascat, and Uiltucs oppose the redundancies, demanding an immediate halt to procedures and requesting a certified written strategic plan demonstrating development commitments and employment guarantees. The unions propose alternative solutions including incentivised exits, professional flexibility measures, and internal redeployment. They criticise continued recruitment advertising during redundancy procedures.
Eurofound (2022), Pam Panorama, Internal restructuring in Italy, factsheet number 203899, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203899.
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