Ericsson

Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
600 jobs
Number of planned job losses
Job loss
Announcement Date
4 October 2017
Employment effect (start)
15 December 2017
Foreseen end date
30 June 2018

Description

IT firm Ericsson announced 600 dismissals in Italy.

The company's cited costs reduction and increases in efficiency as motivation of the decision. Ericsson recently lost significant orders in the country and has already implemented a collective dismissal procedure leading to severe job loss in July (see EriccsonIT-2017).

The management is available to negotiate incentives to voluntary dismissal and assured dismissals will not affect staff of the Research and Development department.

Workers went on strike against the decision. The Ministry of Labour is intended to summon the company in order to assess possible alternatives to dismissals.

Sources

  • 4 October 2017: Corriere Comunicazioni
  • 5 October 2017: La Repubblica
  • 5 October 2017: Adnkronos

Citation

Eurofound (2017), Ericsson, Internal restructuring in Italy, factsheet number 92751, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92751.