Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.2 - Manufacture of gas; distribution of gaseous fuels through mains

951 jobs
Number of planned job losses
Job loss
506 jobs
Number of planned job creations
Job creation
Announcement Date
18 July 2013
Employment effect (start)
Foreseen end date
31 December 2014

Description

Eni, one of the European leading companies operating across the entire energy chain (exploration and production; gas and power; refining and marketing), is to cut 951 jobs (out of around 23,000) in Italy. At the end of May the company and the trade unions signed a framework agreement on the management of the restructuring plan. On 18 July they reached an agreement that envisages specific measures aimed at reducing the negative social effects for the redundant workers.

The job cuts will affect Eni (641 job cuts), and the subsidiaries Eni Services (30), Eni Corporate University (10), Eni Trading and Shipping (15), Versalis (135) and Syndial (120). In particular, the agreement provides for economic incentives for voluntary dismissals (by the end of 2014), and a long “mobility” procedure for the workers who will reach the requisites for retirement within the next seven years.

The agreement envisages the creation of 300 new jobs (for young workers) by the 2015 and the “stabilisation” of 206 workers with fixed-term contracts in open-ended contracts by the end of 2014.

In Italy Eni has around 23,000 employees, and around 98,000 in the world.


Sources

  • 28 May 2013: Il Mondo
  • 19 July 2013: Il Sole 24 Ore

Citation

Eurofound (2013), Eni, Internal restructuring in Italy, factsheet number 75707, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75707.