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.
Engineering.it, a global player in the Information Technology services sector, is to cut 236 jobs. After the acquisition of the Atos Origin (an IT company), Engineering.it has announced a reorganisation plan that envisages the loss of 236 jobs: 52 at the Pont-St-Martin (Val d’Aosta), 55 at the Assago plant (Lombardy), 12 at Pozzuoli plant (Campania); 66 at the Roma plant (Lazio) and 51 at the Torino plant (Piedmont).
The procedures of collective dismissals should start at the beginning of November 2008.
The trade unions reacted to the company’s decision by announcing several industrial actions.
Engineering.it has Italian and foreign branches, 4 production facilities for software development and a complete product range targeting the market’s vertical segments: finance, public administration, industry and telecommunications. It has around 6,000 employees worldwide.
In Italy, Engineering.it is an industry leader and the only player with an integrated and complete offering running through the entire software value chain: design, development, outsourcing, proprietary vertical products and solutions, and IT and strategic consulting. In Italy, it has around 2,300 employees.
Eurofound (2008), Engineering.it, Merger/Acquisition in Italy, factsheet number 67262, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67262.
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