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.
Transportation / Storage 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines
10,000 jobs Number of planned job losses
Announcement Date
3 May 2002
Employment effect (start)
1 May 2002
Foreseen end date
1 December 2007
Description
4,000 employees will leave the company by December 2003 and other 7,000 in the following 5 years.
The company is evaluating how to manage the lay-offs.
Citation
Eurofound (2002), Ferrovir dello S, Outsourcing in Italy, factsheet number 59443, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59443.