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2 Min Read FILE PHOTO: Telecom Italia s logo is seen at the headquarters in Rozzano neighbourhood of Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) - Telecom Italia (TIM) and unions agreed on Monday to cut up to 1,300 jobs in Italy this year through a voluntary scheme, two union sources said, as the country’s biggest phone group strives to revamp its business in the COVID-19 crisis. The cuts would amount to around 3% of TIM’s 42,600 employees in Italy and be implemented through an early retirement scheme. In addition, TIM and unions have agreed a potential further 178 jobs cuts to be implemented by the end of 2023 through a separate voluntary layoff scheme, the sources said.

Luigi gubitosiElvira pollinaKirsten donovanThomson reuters trust principlesTelecom italiaChief executive luigi gubitosiThomson reuters trustCompany newsJob cutsIntegrated telecommunications services trbc level 4Integrated telecommunications services nec trbc level 5Picture availableRetirement old ageEntertainment production trbc level 4Entertainment production nec trbc level 5Telecommunications services trbc level 3