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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
95 - 96 jobs Number of planned job losses
Announcement Date
2 February 2011
Employment effect (start)
1 April 2011
Foreseen end date
31 July 2012
Description
Best, an Italian designer and manufacturer of kitchen range hoods, is to cut 95 (out of 360) jobs at its plant located at Cerreto d'Esi, in the province of Ancona. After some negotiations, at the end of March 2011 the company and the trade unions reached an agreement that provides the recourse to the extraordinary Wage Guarantee Fund for one year, and economic incentives for voluntary dismissals.
Sources
23 March 2011: Cronache Anconetane
Citation
Eurofound (2011), Best, Internal restructuring in Italy, factsheet number 72333, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72333.
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