13 June 2018
| Alan Burkitt-Gray
TIM’s employees have agreed a 10% reduction in working hours and redundancies for 4,500 of them.
The company, formerly Telecom Italia, and four trade unions
representing 30,000 employees in Italy, signed what they called
"defensive solidarity contracts" that will involve all
departments "apart from personnel carrying out business
activities with particular need for operational
Amos Genish, CEO of TIM, said: "We are pleased to have reached
such an important agreement with the trade unions. I want to
thank the national and local trade union representatives who
have once again demonstrated that they care as much about what
happens to the company and to the DigiTIM Strategic Plan as
they do about the workers."
The agreement between TIM and the unions will last a year. Earlier this week the Italian regulator
AGCom said it was starting a consultation about
TIM’s network separation plan.
TIM said it would provide "strong levels of support for the
4,500 colleagues whose jobs are being made redundant". TIM
staff who have accrued the minimum requirements for their
pension by 31 December 2025 will be able to retire early, on a
voluntary basis, the company added.