# Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
Published: 2023-03-21
Category: Headlines
Category URL: https://brandsjournal.com/category/headlines/
Meta Title: TIM Telecom Italia plans 2,000 job cuts in Italy
Meta Description: Telecom Italia (TIM) is aiming to reduce workforce with early retirement scheme to streamline operations in Italy amid intense market competition.
URL: https://brandsjournal.com/telecom-italia-in-talks-with-unions-on-up-to-2000-job-cuts-in-italy/

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MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement scheme as part of the former phone monopoly efforts to streamline its [domestic](https://brandsjournal.com/irish-domestic-economy-returns-to-growth-in-first-quarter/) operations, sources familiar with the matter said.

Fresh plans aimed at reducing a workforce which numbers some 40,000 in Italy were discussed at a meeting with unions on Tuesday, the sources said.

Debt-crippled TIM is seeking an ambitious overhaul of its [operations,](https://brandsjournal.com/totalenergies-texas-refinery-returns-to-normal-operation-sources-say/) which have been under pressure for years due to intense price competition in its key [domestic](https://brandsjournal.com/irish-domestic-economy-returns-to-growth-in-first-quarter/) market.

Last week the company formally launched a bidding process to sell its prized landline network assets and its submarine cable unit Sparkle.

(Reporting by Elvira Pollina; Editing by Keith Weir)


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