Restructuring events
European Restructuring Monitor (ERM)
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.
Whirlpool, American multinational manufacturer of home appliances, is to cut 468 jobs in Italy. At the end of June the company announced a reorganisational plan that envisages the closure of its plant located at Trento (468 employees), delocalising the refrigerators’ production to its plants located at Cassinetta di Biandronno (in the province of Varese) and at Wroclaw (Poland).
On 12th July, Whirlpool, the trade unions and the Autonomous Province of Trento have reached an agreement concerning the closure of the plant of Trento. The agreement envisages the recourse to “social shock absorber” measures (before the “mobility procedures” the workers will benefit of a extraordinary Wage Guarantee Fund scheme starting from February 2014) and financial resources for retraining courses for redundant workers. Moreover the agreement provides for the involvement of Whirlpool, the Autonomous Province of Trento and the trade unions with the aim of favouring new industrial plans for the Trento site.
In Italy Whirlpool has around 2,300 employees.
As reported, Italy has applied for assistance from the European Globalisation Adjustment Fund (EGF).
Eurofound (2013), Whirlpool, Offshoring/Delocalisation in Italy, factsheet number 75637, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75637.