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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Agricultural Raw Materials And Live Animals 46.22 - Wholesale of flowers and plants
242 jobs Number of planned job losses
Announcement Date
21 May 2012
Employment effect (start)
1 July 2012
Foreseen end date
Description
Ciccolella, a company specialized in the production and marketing of cut flowers and potted plants, is to cut 242 jobs at its sites of Terlizzi and Molfetta (in the province of Bari), Candela (in the province of Foggia) and Melfi (in the province of Potenza). Ciccolella currently employs around 400 people at these four sites.
According to the company, the job cuts are mainly due to the recent drop in sales.
The trade unions reacted to the company's decision by organizing protest actions.
Eurofound (2012), Ciccolella, Internal restructuring in Italy, factsheet number 73671, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73671.
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