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.
France-based global telecommunications equipment provider Alcatel Lucent is to cut 586 jobs (out of 1,900) in Italy. The job cuts will mainly affect the site located at Vimercate, in the province of Monza. As reported, the company plans to reduce the labour costs in the R&D divisions and the restructuring is part of a global corporate reorganisation plan.
The trade unions reacted to the company’s decision by organising protest actions and requiring the involvement of the national authorities in order to find alternative solutions to the job cuts. For a previous restructuring event see Alcatel Lucent-IT2012.
Updated, 31-07-2014
On 30 July 2014, in the presence of representatives of the Ministry of Economic Development, Alcatel Lucent and trade unions confirmed the agreement signed on 18 July 2014 and approved by the 85.1 pc of the employees. In order to reduce the impact on employment, the company will recourse to wages guarantee fund, intra and extra-offices mobility as well as redundancy incentives. Alcatel Lucent also expressed its intention to transfer business relating to optical technologies. Transfer should affect 256 workers. Talks are in progress with S.M. Optics, a newly established company owned by Siae Microelettronica. Further meetings are scheduled in September.
Updated, 26-11-2014
Alcatel Lucent agreed with SM Optics the relocation of 256 technicians and engineers currently employed in the Vimercate site.
Eurofound (2014), Alcatel Lucent, Internal restructuring in Italy, factsheet number 76448, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76448.
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