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.
Poste Italiane, Italy's largest public company offering postal, banking, financial, and telecommunications services, has announced an agreement with the main social partners in the sector introducing a three-year agreement on active policies and turnover that should bring the company workforce to a total of 3615 full-time workers by 2026.
According to the agreement, there will be 500 recruitments for sales specialists (+350 already provided for in an agreement of 5/2/2024) and 200 for counter operators (+100 already provided for in an agreement of 5/2/2024), for a total of 1150 hires.
With regard to turnover, over the three-year period, 75% efficiency gains are expected through the incentivised exit of workers (previously the planned turnover was 40%). In addition, 3,400 contract conversions of part-time contracts into full time is planned in 2024.
The trade unions expressed great satisfaction with the outcome, particularly regarding the types of contracts that will be used.
Eurofound (2024), Poste Italiane, Business expansion in Italy, factsheet number 201206, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201206.