Italy: giving in to union pressure, Fincantieri withdraws restructuring plan

With intense mobilization showing unusual unity in Italy, unions asked for the removal of the 2011-2014 industrial plan Fincantieri revealed on May 23rd.  This plan provided for 2,551 job cuts – out of 8,500 –, the closure of the two sites of Sestri Ponente (Genoa) and Castellamare di Stabia (Naples), and the resizing of the site of Riva Trigoso (Genoa).  Acknowledging the global crisis the naval industry is going through and the need for restructuring ensuring stable competitiveness to Italian sites, unions’ claims received major support from local governments as well as left-wing and right-wing political forces.  Such compact pressure led Fincantieri’s managing director, Giuseppe Boni, to announced the removal of the plan at a meeting last Friday, June 3rd, at the Ministry of Economic Development, with the Presidency of the Council of Ministers, the Ministries of Economic Affairs, Defense, Labor, Infrastructure Research, the representatives of the VP of the European Commission, the confederal and sectoral unions of the CGIL, Cisl, Uil, UGL and Failms, or even Federmanager, Confindustria and Unimpresa.
Enjoy this article for free while you’re in your trial period
You have access to our content for 1 month.

announced the removal of the plan at a meeting last Friday, June 3rd, at the Ministry of Economic Development, with the Presidency of the Council of Ministers, the Ministries of Economic Affairs, Defense, Labor, Infrastructure Research, the representatives of the VP of the European Commission, the confederal and sectoral unions of the CGIL, Cisl, Uil, UGL and Failms, or even Federmanager, Confindustria and Unimpresa.

Commitments. Fincantieri promised to reopen talks with unions about industrial

Do you have information to share with us?
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Bulgaria: government proposes 12.6% minimum wage rise for 2026
On 30 October, the Bulgarian government proposed a 12.6% increase in the minimum wage to take effect from 1 January 2026. This increase was determined according to the usual mechanism, as Bulgaria...
14 November 2025
EU: right and far right join forces in parliament to dismantle sustainability due diligence
On 13 November, the European Parliament approved the report by EPP MEP Jörgen Warborn on the proposed omnibus directive, clearing the way for trilogue negotiations. Backed by the far right, the...
13 November 2025
France: TotalEnergies steps up commitment on disability
On 9 October, French energy group TotalEnergies and all representative trade unions signed a new four-year agreement on disability inclusion. Taking effect on 1 January 2026, the deal aims to help...
Italy: new collective agreement for managers in tertiary sector
On 5 November, the ManagerItalia union and the employers’ association Confcommercio renewed the collective agreement for managers in Italy’s tertiary, distribution and services...
Most viewed articles of the month on mind HR
What readers clicked on the most last month.
What readers clicked on the most last month.
1
France: austerity measures proposed in social security financing bill for 2026
Limits on sick leave, the end of social security exemptions for apprentices, and the introduction of additional birth leave: the 2026 social security financing bill, presented to parliament on 14...
16 October 2025
2
Netherlands: ING cites AI as it plans to cut around 950 jobs
Dutch bank ING has informed the employment agency UWV that it may cut around 950 jobs by 31 December 2026. In its notification on 20 October, the lender said the planned reductions stem partly...
30 October 2025
3
United Kingdom largely retained within scope of EWCs despite Brexit, study shows
A study published this month by the Institute for Economic and Social Research, the French trade union research organisation, examined how the involvement of British representatives in European...
4
Romania: collective agreement extended to entire insurance sector
On 3 November, Romania’s National Tripartite Council for Social Dialogue approved the extension of the collective labour agreement signed on 23 May by the Confederation of Employers in the...
5
Italy: new collective agreement for managers in tertiary sector
On 5 November, the ManagerItalia union and the employers’ association Confcommercio renewed the collective agreement for managers in Italy’s tertiary, distribution and services...
6
Germany: legal battle at Tesla ahead of works council election
The Frankfurt/Oder labour court has postponed a mid-November hearing in the case between the IG Metall union and Michaela Schmitz, employee representative and head of the works council at the...