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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.51 - Manufacture of instruments and appliances for measuring, testing and navigation
350 jobs Number of planned job losses
Announcement Date
22 October 2015
Employment effect (start)
6 July 2016
Foreseen end date
6 July 2016
Description
Telis, a provider of accessories and services for telecommunication and utility companies, announced the dismissal of all the 350 workers employed at its sites in Pagani (Salerno), Rome and Strambino (Torino).
The company was established in 2002 as a spin-off of the Telecom group with a view to hiring back redundant workers of daughter company Olivetti.
Over the last years, following a fire destroying one of its productive sites and a reduction of orders, Telis accumulated debts and it is currently under insolvency proceedings.
Workers are currently receiving short-time working allowances, due to expire over the next months. In the absence of concrete opportunities for relaunching the company, the liquidator opened the collective dismissal procedure and the company might eventually close.
Unions hope alternatives to the closure will be found and called for the commitment of the government and large clients, including Telecom and Enel, to support the rescue of the company.
Update, 15/04/2016: Workers have been eventually dismissed. Meetings are still ongoing with public authorities to guarantee outplacement services and sell the production sites to new investors.
Sources
28 May 2015: La Sentinella del Canavese
26 June 2015: Diario di Torino
22 October 2015: Quotidiano Piemontese
20 April 2016: La Sentinella del Canavese
Citation
Eurofound (2015), Telis, Bankruptcy in Italy, factsheet number 91269, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91269.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
