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.
Pompea, one of the Italian leading companies in the underwear and hosiery sector, is to cut 200 jobs (out of around 400) at its two plants located at Asola and Medole, in the province of Mantua.
As reported, the plant of Asola will be closed, with the loss of 130 jobs; the job cuts at the Medole plant will affect 70 workers, both white-collars and blue-collars. After the reorganisation plan the Medole plant should employ 90 white-collar workers and 85 blue-collar workers.
The trade unions reacted to the company’s decision by going on strike and organising several protest actions.
Eurofound (2013), Pompea, Internal restructuring in Italy, factsheet number 76239, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76239.