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.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
110 - 340 jobs Number of planned job losses
Announcement Date
4 December 2002
Employment effect (start)
1 December 2002
Foreseen end date
1 December 2002
Description
management and trade unions reached an agreement which cuts the number of redundancies from 1,100 to 430. 600 workers will be involved in a special Cig plan on a rotational basis. a 'mobility' scheme will be introduced for 110 workers and voluntary redundancies will be encouraged. The personnel to be placed on the mobility scheme will be identified from among workers who have met the necessary contribution requirements for entitlement to a seniority or old-age pension.
Citation
Eurofound (2002), Marconi Communication, Internal restructuring in Italy, factsheet number 59222, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59222.