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.
Alpitel, a company specialising in the design, development and installation of telecommunications networks for the main telephone operators with offices in various regions of Italy and headquarters in Nucetto (Cuneo), announced 100 dismissals among its 600 Italian employees. Management stated that the company had to shift the focus of its offer towards more technological solutions with enhanced digital aspects.
The company was in precarious economic conditions and in July it was sold to Psc (a company that deals with shipyards, railways and motorways), which announced the restructuring plan.
The union representatives called for a two-hour strike on Monday in front of the gates, and demanded the immediate withdrawal of the dismissals.
Update, 02/03/2020: The 100 dismissals envisaged at Alpitel will no longer take place. The agreement reached with the mediation of the Ministry of Labour provides for the use of solidarity contracts for 219 workers. Solidarity contracts are agreements concluded with the unions, mainly aimed at avoiding, in whole or in part, staff reductions through a shared reduction of working time (cut in average by up to 60%, and no more than 70% for each involved worker). The solidarity contracts can also be entered in a view to increase the staff, by accompanying the reduction of working time with the hiring of new employees on an open-ended basis (the so-called 'expansive solidarity contracts').
Eurofound (2019), Alpitel, Merger/Acquisition in Italy, factsheet number 99424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99424.
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