Restructuring events
European Restructuring Monitor (ERM)
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.
IT firm Ericsson announced 600 dismissals in Italy.
The company's cited costs reduction and increases in efficiency as motivation of the decision. Ericsson recently lost significant orders in the country and has already implemented a collective dismissal procedure leading to severe job loss in July (see EriccsonIT-2017).
The management is available to negotiate incentives to voluntary dismissal and assured dismissals will not affect staff of the Research and Development department.
Workers went on strike against the decision. The Ministry of Labour is intended to summon the company in order to assess possible alternatives to dismissals.
Eurofound (2017), Ericsson, Internal restructuring in Italy, factsheet number 92751, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92751.
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