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.
Regional vocational training provider Ial Sicilia is to dismiss all its 800 staff.
The company is under liquidation following investigations which begun in 2013. At that time, the region of Sicily carried out inspections in Ial Sicilia, scrutinised closely their activities and eventually revoked their authorisation to provide training, alleging misuse of public funding. Similar cases arose for a number of other local training providers, leading to restrictions in granting public funding and authorisation for training provision.
Workers, mainly clerks and trainers, who have so far received temporary unemployment benefits, are now to lose their jobs.
Unions asked the local and national governments to intervene with measures safeguarding the jobs or the income of workers of Ial Sicilia as well as other regional vocational training providers that have closed or went bankrupt over the last years.
Eurofound (2016), Ial Sicilia, Bankruptcy in Italy, factsheet number 91246, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91246.
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