Type
Business expansion
Country
Italy
Region
Nord Est; Emilia-Romagna; Modena
Location of affected unit(s)
Maranello
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture Of Motor Vehicles

250 jobs
Number of planned job creations
Job creation
Announcement Date
13 November 2023
Employment effect (start)
13 November 2023
Foreseen end date

Description

Ferrari, the well-known Italian sports car manufacturer, has announced plans to hire 250 new employees at its Maranello headquarters in the province of Modena in 2024. This hiring process will be divided into two stages: about half of these positions are expected to be filled by January, with the rest to be completed by June.

In addition to expanding its workforce, Ferrari has also planned a competitiveness bonus in agreement with the trade unions. This bonus will be linked to a sustainability parameter, reflecting the company's focus on sustainable practices alongside its business objectives. This approach indicates Ferrari's commitment to integrating environmental considerations into its operational strategies.


Sources

Citation

Eurofound (2023), Ferrari, Business expansion in Italy, factsheet number 200515, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200515.