Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

250 jobs
Number of planned job losses
Job loss
Announcement Date
1 March 2012
Employment effect (start)
30 April 2012
Foreseen end date
31 December 2013

Description

Fastweb, an Italian telecommunications provider, is to cut 250 jobs by the end of 2013. The job cuts will mainly affect technicians and managers.

Fastweb belongs to the Swiss telecommunications group Swisscom and it has around 3,400 employees in Italy.


Sources

  • 3 February 2012: Il Sole 24 Ore

Citation

Eurofound (2012), Fastweb, Internal restructuring in Italy, factsheet number 73319, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73319.