Type
Merger/Acquisition
Country
Italy
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

236 jobs
Number of planned job losses
Job loss
Announcement Date
7 October 2008
Employment effect (start)
1 November 2008
Foreseen end date

Description

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.


Sources

  • 13 October 2008: La Stampa
  • 9 October 2008: La Stampa

Citation

Eurofound (2008), Engineering.it, Merger/Acquisition in Italy, factsheet number 67262, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67262.