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 26.3 - Manufacture of communication equipment
315 jobs Number of planned job losses
Announcement Date
14 March 2017
Employment effect (start)
21 July 2017
Foreseen end date
29 September 2017
Description
Swedish multinational Ericsson, leader in the provision of IT products and services, announced up to 400 dismissals in its Italian sites of Genoa, Assago (Milan), Moncalieri (Turin), Naples, Pagani (Salerno), Rome and Venice.
The job cuts have been attributed to a structural reduction of clients and sales in the Italian market, as well as to the overall pressure on costs due to increasingly price-based competition in the sector.
The cuts will affect clerical staff and, to a lesser extent, managers.
Unions complain that the corporation has no plan for its Italian branches, as it drastically reduced its workforce over the last ten years, especially at the Genoa site.
According to sources, the job cuts include as well a share of the 332 redundancies disclosed last year (EricssonIT-2016), which the company is implementing mainly on a voluntary basis after the collective dismissal procedure was concluded without an agreement being reached.
Update 21/07/2017: Following the failure of negotiations implemented in the framework of the collective dismissal procedure, Ericsson can lawfully implement dismissals up to the precise number communicated for opening the procedure (315). On 21 July, the company already sent out notification of dismissals to 181 workers currently employed in Rome and Genoa.
Sources
7 February 2017: Corriere Comunicazioni
21 March 2017: Il Secolo XIX
5 April 2017: Rassegna Sindacale
24 July 2017: Rassegna
Citation
Eurofound (2017), Ericsson, Internal restructuring in Italy, factsheet number 90715, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90715.
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