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.
Italian meat processing company Fiorucci announced the intention to dismiss 106 out of 497 employees at the plant in Pomezia. The company blamed the redundancies on the ongoing economic crisis and increasing competition. According to the industrial plan, some activities could also be outsourced.
The job cuts will occur mainly in handling operations (75), but also in production units (16), logistics (8) and among staff involved in other manual tasks (7). The company also plans to externalize some of its production processes.
Negotiations with the unions will start soon. They propose an alternative plan to safeguard competitiveness while avoiding dismissals. The climate is already quite tense as meetings are ongoing following an announcement made by the company last year to discontinue the company level collective agreement.
A previous wave of collective dismissals at the plant was announced in 2013 (see FiorucciIT-2013).
Update, 21/03/2017: After negotiations, trade unions and the management concluded an agreement to avoid lay-offs. It provides for the activation of short-time working arrangements, so-called solidarity contracts, to last until 31 December 2019, and also a three-year investment plan at the plant of Pomezia.
Eurofound (2017), Fiorucci, Internal restructuring in Italy, factsheet number 89747, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89747.