Type
Internal restructuring
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

544 jobs
Number of planned job losses
Job loss
Announcement Date
28 June 2011
Employment effect (start)
30 September 2011
Foreseen end date

Description

Sirti, one of the Italian leading companies in management of telecommunications, transport and energy infrastructures, is to cut 760 jobs out of around 4,000 employees. According to the company, the job-cuts are mainly due to the relevant drop in turnover that occurred in the last year.

UPDATE At the beginning of August, the company and the sectoral trade unions reached an agreement on the reorganisation plan. The agreement envisages 544 job-cuts, instead of 760. For the redundant workers the agreement provides for the recourse to a two-year scheme of extraordinary Wage Guarantee Fund, training and re-training courses, outplacement services, the recourse to mobility allowances and some economic incentives for voluntary dismissals.


Sources

  • 28 June 2011: Conquiste del Lavoro
  • 4 August 2011: Conquiste del Lavoro

Citation

Eurofound (2011), Sirti, Internal restructuring in Italy, factsheet number 72525, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72525.