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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.30 - Manufacture of communication equipment
330 - 586 jobs Number of planned job losses
Announcement Date
17 January 2014
Employment effect (start)
1 October 2014
Foreseen end date
Description
France-based global telecommunications equipment provider Alcatel Lucent is to cut 586 jobs (out of 1,900) in Italy. The job cuts will mainly affect the site located at Vimercate, in the province of Monza. As reported, the company plans to reduce the labour costs in the R&D divisions and the restructuring is part of a global corporate reorganisation plan.
The trade unions reacted to the company’s decision by organising protest actions and requiring the involvement of the national authorities in order to find alternative solutions to the job cuts. For a previous restructuring event see Alcatel Lucent-IT2012.
Updated, 31-07-2014: On 30 July 2014, in the presence of representatives of the Ministry of Economic Development, Alcatel Lucent and trade unions confirmed the agreement signed on 18 July 2014 and approved by the 85.1 pc of the employees. In order to reduce the impact on employment, the company will recourse to wages guarantee fund, intra and extra-offices mobility as well as redundancy incentives. Alcatel Lucent also expressed its intention to transfer business relating to optical technologies. Transfer should affect 256 workers. Talks are in progress with S.M. Optics, a newly established company owned by Siae Microelettronica. Further meetings are scheduled in September.
Updated, 26-11-2014: Alcatel Lucent agreed with SM Optics the relocation of 256 technicians and engineers currently employed in the Vimercate site.
Sources
1 August 2014: Trade unions (Press Release)
17 January 2014: Il corriere della sera
31 July 2014: Rassegna
26 November 2014: Milano Finanza
Citation
Eurofound (2014), Alcatel Lucent, Internal restructuring in Italy, factsheet number 76448, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76448.
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