Type
Internal restructuring
Country
Italy
Region
Sud; Basilicata; Potenza
Location of affected unit(s)
Melfi
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.10 - Manufacture of motor vehicles

300 jobs
Number of planned job losses
Job loss
Announcement Date
25 June 2021
Employment effect (start)
Foreseen end date

Description

Dutch-based automotive company Stellantis has reached an agreement with metalworkers' trade unions for the incentivised voluntary exit of a maximum of 300 workers from the company's Melfi plant. 

The agreement foresees a mechanism of incentives (€75,000 bonus for those who decide to leave the Melfi plant without a slide towards retirement, and corporate contributions for four years for those who decide to leave with connection to the retirement allowance).

The agreement also foresees the institution of a defensive solidarity agreement for managing working hours reductions equally, the start of the production of four new fully electrified models an assembly area for electric batteries by the end of 2024, and the commitment of the company for no redundancies.

Currently, the plant employs 7,150 workers.


Sources

Citation

Eurofound (2021), Stellantis, Internal restructuring in Italy, factsheet number 105340, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105340.