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Telecom Italia to offer voluntary redundancy to 3,300 staff

Wednesday 17 February 2016 | 09:46 CET | News
Telecom Italia is to offer early voluntary redundancies to some 3,300 workers in Italy, while cutting a further 250 staff, according to the details of its newly-published 2016-18 strategic plan. At the same time, the company will use so-called solidarity contracts to avoid around 2,600 redundancies by paying employees less to work fewer hours. The measures will help the company reduce its labour costs by around EUR 100 million over the three-period. Last year Telecom Italia abandoned plans to hire 4,000 young people over the next four years on the grounds that the government's "expansive

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Categories: General
Companies: Telecom Italia
Countries: Italy
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