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Telecom Italia asks for temporary layoffs for 4,000 workers: source

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Reuters ROME

ROME (Reuters) - Telecom Italia (TIM) has asked the Italian government to approve a temporary layoff scheme for 4,000 workers as part of the new 2018-20 business plan the telecoms group unveiled in March, a source close to the matter said on Thursday.

TIM had no immediate comment.

Under the state-sponsored scheme, workers remain at home for a certain period of time as the company adjusts to lower market demand, but are not laid off.

(Reporting by Alberto Sisto, writing by Agnieszka Flak, editing by Valentina Za)

 

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First Published: May 17 2018 | 3:06 PM IST

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