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Bear vs. Electrolux: “Unacceptable layoff plan, must be withdrawn immediately”

The government rejected Electrolux’s plan of 1,700 layoffs in Italy. During yesterday’s meeting at the Mimit, the Minister of Enterprises and Made in Italy, Adolfo Urso, described the company’s proposed plan as “unacceptable” and “unacceptable,” asking the executives of the multinational appliance company to present a new document at the next meeting already scheduled for June 15th. The confrontation, during which a clash also occurred between the company and the unions, took place simultaneously with the strike at the plants and a protest in front of the ministry.

Electrolux Crisis, Government and Unions Against the Company

Urso, reporting the government’s opposition, lamented “the lack of adequate industrial prospects” and “the employment consequences that” Electrolux’s presented plan would entail. The demand is therefore to withdraw the plan, reiterated by the unions as a basic premise for discussing the reorganization of work. The company has opened to a review of the plan and some modifications could be presented on June 15th. In the meantime, the unions’ fears concern the possibility that the restructuring and the cut plan serve to a change of control of the company, with the advancement of the Chinese group Midea.

Electrolux, on the other hand, highlights the criticalities arising from operating in Italy, in a sector suffering from consumer crisis and production difficulties due to high energy, labor and steel costs. This serves to remember that the crisis affects all of Europe and, attempting to explain the cut of 1,719 employees, including 994 workers and 725 staff, the plan also includes the maintenance, with personnel cuts, of four factories in Italy and the closure of the one in Cerreto d’Esi.

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https://www.lanotiziagiornale.it/urso-contro-electrolux-piano-di-licenziamenti-irricevibile-va-ritirato-subito/