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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.30 - Manufacture of air and spacecraft and related machinery
500 jobs Number of planned job losses
Announcement Date
22 July 2021
Employment effect (start)
22 July 2021
Foreseen end date
31 December 2023
Description
Italian aerospace company Leonardo reached an agreement with the trade unions for an early retirement plan involving up to 500 workers of its aerospace division. Eligible candidates must meet the requirements for early retirement within the period 2021-2023.
This agreement is part of the measures through which trade unions and the company are managing the reduction in production volumes of the aerospace division, connected with the general crisis of the aviation sector due to the COVID-19 pandemic.
Eurofound (2021), Leonardo, Internal restructuring in Italy, factsheet number 105169, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105169.
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