Restructuring events
European Restructuring Monitor (ERM)
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.
Parmalat, an agro-food company belonging to the Lactalis group, is to cut 120 jobs by the end of 2013. The restructuring plan, announced by the group, envisages the closure of the plants located at Genoa (63 job-losses), Como (9 job-cuts), Cilavegna, in the province of Pavia (around 20 job-cuts), and the reorganisation of the Collecchio plant (around 30 job-cuts). According to the company, the restructuring plan is needed in order to increase the productivity of Italian plants.
The trade unions have requested meetings with the management with the aim of analysing the details of the restructuring plan and finding adequate measures to reduce the negative effects for the redundant workers.
Eurofound (2012), Parmalat, Internal restructuring in Italy, factsheet number 74013, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74013.