Two field days await the Tim led by Amos Genish. The company's board of directors meeting is scheduled for Wednesday 17 January to restructure the joint with Canal+ in view of the launch of a new pay platform for the distribution of video content. The goal is to overcome the objections of Consob and the unions and independent directors of the company due to possible conflicts of interest, since it is a transaction with related parties as Canal Plus is controlled by the French company Vivendi, Tim's top shareholders.
The novelty of the last few days that the Board of Directors should discuss tomorrow is the possible entry into the Mediaset joint with a 20% stake, even if not immediately. A move that is part of the attempts at appeasement between Vivendi and the Biscione before the judicial proceedings are triggered.
No less demanding is the appointment on Thursday 18 when Tim will meet the unions to examine the new generational turnover plan which provides for the hiring of thousands of young people to replace the disposal of 6-10 thousand redundancies, who will leave the group but without layoffs. The aim is to rejuvenate Tim's staff who have an average age of 49 and to increase the professionalism of the workforce by resorting to solidarity measures provided for by law.
Generational turnover is the cornerstone of the new industrial plan that Tim will present to the financial community on March 6th.
Hooray we are considered waste to be disposed of !@#$