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 Food And Beverage Manufacture Of Food Products 10.85 - Manufacture of prepared meals and dishes
127 jobs Number of planned job losses
Announcement Date
19 March 2012
Employment effect (start)
31 May 2012
Foreseen end date
Description
Findus, producer and retailer of frozen food products, is to cut 127 jobs at its plant located in Cisterna, in the province of Latina. The plant currently employs 460 workers.
According to the company, the job cuts are mainly due to the fall in market demand. Findus had already announced 97 job cuts last year at the same plant. The trade unions reacted to the company's decision by declaring a one-day strike for 26 March.
Findus belongs to the Iglo Group, a Europe-wide frozen food business.
Sources
20 March 2012: LatinaPress
Citation
Eurofound (2012), Findus, Internal restructuring in Italy, factsheet number 73381, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73381.
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