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General

Telecom Italia confirms 170 managerial redundancies

Tuesday 26 July 2016 | 08:18 CET | News
Telecom Italia has announced a deal with national executives association Federmanager to handle the redundancy of 170 of the company's managers by 2018. In a statement confirming an earlier report, Telecom Italia said the redundancy plan will primarily affect all those who have accrued or will accrue enough contributions to qualify for some sort of pension by the end of 2018, or can take early retirement based on the Fornero law, which allows workers to retire four years early with the company liable for the costs.

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Categories: General
Companies: Telecom Italia
Countries: Italy
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