Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Tiscali Italia, a telecommunications company owned by the Tessellis group, has initiated a restructuring process that foresees around 150 job reductions across its locations in Cagliari, Rome, Bari and Taranto, following the company’s decision to evaluate the sale of its consumer (B2C) business. The measure is linked to a critical financial and operational situation that led management to deem the current organisational structure unsustainable.
Trade unions have expressed concern about the company’s condition and have called for a broader industrial plan to safeguard employment. They have bargained to lower the initial 220 to 150 people. The workforce adjustment will be implemented through a voluntary exit plan agreed with trade unions, with differentiated financial incentives and a deadline for consensual terminations set for 28 February 2026. The economic incentives are differentiated: up to 34 months' pay for staff employed in customer service and 22 months' pay for other figures. Memberships follow the chronological order and respect limits by company function.
Updated, 19/03/26: The number of job cuts has increased to 180, particularly impacting the Cagliari (81) and Taranto (73) sites. Other affected locations include Rome and Bari, with 13 and 12 job losses respectively. In Cagliari it will affect 62 office workers, 8 middle managers and 11 journalists and in Rome 10 employees, 2 middle managers and 1 journalist. These cuts will affect both clerical staff and middle managers. A redundancy announcement has also been made in Milan, but only for one middle manager.
The company has initiated a negotiated resolution process to address the crisis. According to current legislation, job cuts will take place once talks with the trade unions have concluded.
Eurofound (2026), Tiscali, Internal restructuring in Italy, factsheet number 204171, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204171.
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