Restructuring events
European Restructuring Monitor (ERM)
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.
The new Alitalia, the Italian airline company, is to cut around 1,100 jobs. The job-cuts will particularly involve the ground crew (who number 8,900 employees, out of 14,272 total workforce of the new Alitalia). The company's plan envisages the dismissal of around 700 workers, while around 400 workers will be outsourced. The latter are employed in handling services in several Italian airports, such as Bari, Brindisi, Cagliari and Reggio Calabria. At the end of this reorganisation plan, Alitalia should maintain the handling services only in the airports of Milan Linate and Rome Fiumicino.
UPDATE MARCH 2011
At the beginning of March 2011, the company and the sectoral trade unions reached an agreement on the reorganisation plan. The agreement confirms 700 job-cuts, but on voluntary basis. The redundant workers will benefit of different social shock absorber measures: the agreement provides for the recourse to the Wages Guarantee Fund schemes for four years. After this period, the redundant workers will benefit of three years of "mobility schemes", that will support the incomes of redundant workers until they will reach retirement age or they will find a new job. Moreover, the agreement envisages that the company will "stabilise" 130 temporary workers, changing their contracts in open-ended contracts, while for 550 cabin crew jobs open-ended contracts will be changed in part-time contracts (on voluntary basis). Finally, the agreement confirm the company's decision to outsource most part of its handling services (around 400 jobs will be outsourced).
Eurofound (2010), Alitalia, Internal restructuring in Italy, factsheet number 71327, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71327.
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