Tim, Labriola: “5-6 thousand exits expected by 2024” (thanks to isopension)

A cut in the workforce is inevitable, yes, but more contained compared to union concerns. Tim’s split in two, with a network company and another service company, leads to a necessary restructuring of the size of the group. “About 5,000-6,000 people” will be expected to leave between now and 2024, said Tim’s CEO, Pietro Labriola, during the press conference on the Plan. “There is an objective market problem” due to the lack of manpower for the work of the national recovery and resilience plan but “we are a company less exposed to this type of problem”, added the manager. What is certain is that – net of the difficulty of finding profiles to spread the fiber throughout the country according to the 1 gig plan just built by the Minister of Innovation Vittorio Colao – the surpluses will certainly exist, but they will be managed with tools such as article 4 of the Fornero law, i.e. with isopension (that’s what it is). Labriola recalled that the average age in the company is around 54, so in this way the generational change will start.

Giorgio Serao, of the national secretary of the Fistel Cisl, during the last hearing in the House he had hypothesized “up to 10 thousand redundancies”. “I believe – he added – that with Tim’s division into two companies, ServCo and NetCo and perhaps even a third for services related to the enterprise, we are facing a process that divides the company and there is a risk that the debts are they must then spread on the community ». While Luciano Savant Levra, national secretary of Uilcom, wondered how ServCo with around 15,000 employees could stay on the market: «Competitors like Vodafone and Wind are around 6,000. How is a company with 16,000 employees on the market compared to its competitors? “, He wondered, underlining the problems that would arise for the related companies with a plan to split the group:” If the Tim group is broken up into a cascade, the rest”.

Fortunately, the numbers are lower. But it is clear that the transition it will be managed wisely. The new Tim, in 2030 at the end of the reorganization plan, will in fact be more “streamlined”. The reorganization foresees a reduction of over 9 thousand `full time equivalent ‘, approximately 6.4 thousand in the netco which would go from the current forecasted 21.4 thousand to 15 thousand and about 3 thousand in the consumer division, which will drop from 14 to 11 thousand or even less because “other shares are under evaluation” specify the slides presenting the plan. The enterprise division will instead need about 5.5 thousand people (almost those already employed which should be 5.3 thousand). “On the employment level” we are discussing with the trade union but we have to get used to the idea that in professional life you have to change your job several times “comments the CEO Pietro Labriola. “We are going in continuity with the methods optimized up to now” he adds, reiterating that the redundancies will be voluntary.

This is why the tender for the cloud services of the Public Administration it becomes decisive because it would mitigate the social impact of the transition. Sources reveal that the Tim-Leonardo-Sogei-Cdp consortium exercised the pre-emption by presenting a counter-offer to conquer the national Cloud. Today an extraordinary council of CDP met which followed yesterday’s Tim board, both taking the decision to equalize the Aruba-Fastweb offer which on June 22 had won the tender for 2.8 billion, equal to one average discount of 39.19% on the price lists based on the tender. The discount – of 23.36% – was not enough to guarantee victory for the promoter consortium. The system grouping led by Tim and Cassa had 15 days of time that expired today: in exercising the right of first refusal it undertakes towards the government and individual administrations, for the 13-year duration of the contract, to carry out the Fastweb project -Aruba in every technical, governance and administrative detail, with the same economic price list and without any possibility of introducing changes.

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Tim, Labriola: “5-6 thousand exits expected by 2024” (thanks to isopension)


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