Italian Wind Technology

Type
Internal restructuring
Country
Italy
Region
Sud; Puglia; Taranto
Location of affected unit(s)
Taranto
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
140 jobs
Number of planned job losses
Job loss
Announcement Date
19 April 2003
Employment effect (start)
1 April 2003
Foreseen end date
1 June 2003

Description

140 employees will be involved in an Extraordinary wage guarantee scheme for a period of 13 weeks. After this period such employees may be dismissed or may restart to work. The extraordinary wages guarantee fund (cassa integrazione guadagni, Cig)is a scheme which pays a state benefit to workers whose employment is suspended by firms undertaking restructuring as a result of severe structural difficulties.

Whereby a 'mobility' scheme, redundant workers receive a state allowance and benefit from various measures to help them find work.

Citation

Eurofound (2003), Italian Wind Technology, Internal restructuring in Italy, factsheet number 60198, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60198.