Sky Italia has announced that it will shed a further 800 positions, on top of 400 already announced, as the economic crisis begins to bite.
The pay-TV company disclosed the job cuts – or a redefined transformation plan, to use its own terminology – in its annual meeting with union representatives on Friday.
The unions were quick to respond publicly to the plan, and funnily enough, have some concerns. They are leaning heavily on Sky to go for reskilling efforts rather than redundancies, while at the same time warning of a structural crisis in the overall sector: streaming platforms are suffering at the hands of OTTs, they say, pointing to the need for regulatory intervention.
Sky presented “a broad upskilling, reskilling, insourcing and voluntary exit plan, which became necessary in light of the impacts on the business brought about by changes in the macroeconomic scenario over the past year,” it said (in Italian). The firm had a “particularly difficult year,” last year, it said.