May 17, 2018 / 9:41 AM / 5 days ago

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

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.

The Telecom Italy logo is seen at the headquaters downtown Milan, Italy, March 10, 2016. REUTERS/Stefano Rellandini /File Photo

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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