Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

3,750 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2004
Employment effect (start)
Foreseen end date

Description

The company management of Alitalia announced on 6 September 2004 a restructuring plan which included 5,000 redundancies. After that announcement, negotiations with the unions have led to the conclusion of three collective agreements with pilots, cabin crews and ground staff respectively, which allowed to reduce redundancies down to 3,750, thanks to interventions on working time, shifts and salaries. The total reduction in labour costs produced by both redundancies and new working arrangements should be of some € 310 billion in four years.


Sources

  • 7 September 2004: Il Sole 24 Ore
  • 7 September 2004: La Repubblica
  • 7 September 2004: Il corriere della sera
  • 19 September 2004: Il Sole 24 Ore

Citation

Eurofound (2004), Alitalia, Internal restructuring in Italy, factsheet number 60526, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60526.