Cutting pay to save jobs? After signing an agreement in March 2013 to maintain competitiveness and employment (see article No. 130182), the multinational presented, on January 27, a new restructuring plan. Unions unanimously said it was “inacceptable.” Gianluca Ficco, Uilm national coordinator for the electrical goods industry, explained that the company wanted to cut labor cost by 12 percent right away and 3 percent in the coming years, removing result-based bonuses and freezing...
Italy: after unions reject the conditions laid down by Electrolux to maintain production in Italy, the government is looking at measures to keep the multinational in the country and save jobs
A drastic reduction of labor cost, job cuts with one of the 4 Italian sites closing, and tougher working conditions: this is how unions summarized the conditions Electrolux laid down to maintain production in Italy and “improve” its competitiveness compared with Easter Europe. They launched intense mobilizations in the 4 Italian sites and called on the government to step in, which it did. It committed itself to looking into measures to avoid pay cuts and keep the multinational from leaving.
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