The car manufacturer Fiat sent to unions, on July 7, 2008, its decision to appeal to "social shock absorbers" in most of its Italian factories to compensate the 4-6 weeks of temporary cessation of production between August and November. Several thousand employees would be affected by this measure, the most drastic since the crisis of the beginning of the century. (Ref. 080585)
On July 7,
2008, the day the American magazine Automotive News named Sergio Marchionne,
Fiat CEO, “Industry leader of the year 2008” for successfully turning around
the group, on the verge of bankruptcy, Fiat told the trade unions that, to face the temporary crisis
in the secto (the sale of its products dropped of 16.5% in June), it was going
to appeal, in most of its Italian factories, to the Cassa Integrazione Guadagni (CIG: short time allowancefor the
employees, who are not dismissed butwaiting to be reinstated.)
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