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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
800 - 1,000 jobs Number of planned job losses
Announcement Date
12 May 2005
Employment effect (start)
1 June 2005
Foreseen end date
Description
In the framework of its world-wide restructuring plan, which will include a reduction in employment amounting to 13,000 jobs, Ibm announced a reduction of some 1,000 jobs in Italy. In Italy, the reorganisation will involve many of Ibm locations and should enable the company to save around EUR 2 billion. Ibm Italia has announced that it will base its reorganisation essentially on voluntary resignations, favoured by economic incentives. There will be both individual incentives, mainly devised for people who should reach retirement entitlement by 2007, and collective incentives, which should consist of an economic incentive equal to 35 months of pay, a health scheme and outplacement services. On 23 May 2005, the unions organised a group-level strike to protest against the restructuring plan. At the end of May 2005, the company started the mobility procedure (ie the collective dismissal procedure) for 500 employees.
Eurofound (2005), IBM, Internal restructuring in Italy, factsheet number 61907, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61907.
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