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.
Call centre operator E-care is to dismiss 211 workers out of 2,000 currently employed at the sites in Rome, Milan, Turin, L’Aquila and Bari.
The company had been a subsidiary of Astrim until 2015, but it was acquired by Olisistem ITQ Consulting S.p.A. in January 2016. The main reason of the dismissals is the sharp decline in sales caused by the decrease in orders from utility company Acea, mobile networks operator Vodafone and sports betting company Lottomatica.
The unions have called for a meeting with the Ministry of Economic Development. Negotiations between the management and the unions are set to start on July 19.
In 2014, the company dismissed about 200 workers at the Milan site. According to E-care, this was due to declining profits from 2014 to 2016.
Eurofound (2016), E-care, Internal restructuring in Italy, factsheet number 88142, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88142.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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