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Italy's FiberCop to cut 1,300 jobs through early retirement scheme, sources say
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Italy's FiberCop to cut 1,300 jobs through early retirement scheme, sources say
Mar 10, 2026 8:06 PM

MILAN, Sept 23 (Reuters) - Italian broadband network

operator FiberCop plans to cut its workforce by 1,300 through a

voluntary early retirement scheme, two sources with knowledge of

the matter told Reuters.

FiberCop representatives will discuss details of the plan

with unions at meeting scheduled for Sept. 26, the sources said.

The company had not immediate comment.

FiberCop currently has around 20,000 workers, according to

its website.

A spin-off of Italy's former phone monopoly Telecom Italia

(TIM), FiberCop was bought in July by a consortium led

by U.S. investment firm KKR and including the Italian

Treasury, in a deal worth up to 22 billion euros ($24.47

billion).

($1 = 0.8992 euros)

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