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Telecom Italia to Cut 9,000 Jobs by 2030 Under Turnaround Plan

Telecom Italia SpA will cut about 9,000 jobs by 2030, equating to around 20% of its Italian workforce, the company said Thursday as it presented its new business plan.

The job cut total will include all planned and voluntary exits including retirements, a spokesman said, calling it part of the company’s push to create a leaner structure.