The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.2 - Support activities for transportation
390 jobs Number of planned job losses
Announcement Date
15 April 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
Sea, the company that manages the Milan airports of Linate and Malpensa, is to cut 390 jobs at the Malpensa airport by the end of 2009. According to the company, the job-cuts are mainly due to the drop in air traffic volume that occurred after the decision of Alitalia to de-hub the Malpensa airport.
All 390 jobs will be cut through early retirement. Moreover, 900 workers of Sea are benefiting from a one-year scheme financed by the Wage Guarantee Fund.
Sea has around 5,200 employees.
Sources
16 April 2009: La Repubblica
Citation
Eurofound (2009), Sea, Internal restructuring in Italy, factsheet number 68709, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68709.
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