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Telecom Italia eyes up to 1,300 redundancies in Italy this year - sources

Exclusive: Italy s TIM eyes up to 1,300 redundancies in Italy this year - sources

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.

Merger of Telecom Italia, Open Fiber networks needs to happen soon - TIM CEO

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Telecom Italia Q4 signals successful transformation

Telecom Italia Q4 signals successful transformation
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