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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58 - Publishing activities
225 jobs Number of planned job losses
Announcement Date
20 January 2009
Employment effect (start)
1 February 2009
Foreseen end date
1 April 2009
Description
De Agostini Editore, an Italian multi-national leader in the publishing sector, is to cut 225 jobs. According to the company, this decision is due to the relevant reduction of its production and revenues. The job cuts will mainly affect the plant located in Novara (145 redundancies out of 378 employees).
The company and the trade unions have planned some meetings in the next days in order to find adequate measures to cushion the negative social effects of the lay-offs.
De Agostini Editore is organised in different business areas (partworks; direct marketing; general reference; books and cartography; school texts; digital De Agostini). It has 673 employees in Italy.
De Agostini Editore belongs to the De Agostini group, a holding that coordinates De Agostini Editore, De Agostini Communications, Lottomatica and DeA Capital. De Agostini group operates in 66 countries worldwide and in four business areas: publishing, media, games and services, finance.
Sources
23 January 2009: Il Diario del lavoro
23 January 2009: Il Sole 24 Ore
Citation
Eurofound (2009), De Agostini Editore, Internal restructuring in Italy, factsheet number 67978, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67978.
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