I have seen some details of the Italian contract and must agree with CFM International.
The career advice by "Stupid Pilot" only shows that he has chosen a fitting name for his new pprune sign in.
You seem like a typical overpaid underworked FO who is just afraid that he can't continue his fat dumb and happy life on his little island in the middle of Europe. It would seem to me that all the challenges that you list your company faces in Italy, they must be rasorsharp to survive. I hope I get a chance to join one day and be part of the battle.
For a wannabe 747 pilot like me, this is an improvement and there is a lot more to the job than free days and payment that gives satisfaction.