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.
Faenza (Ravenna), Monsampolo del Tronto (Ascoli Piceno).
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.72 - Manufacture of locks and hinges
New offshoring locations
Uknown
150 jobs Number of planned job losses
Announcement Date
30 September 2015
Employment effect (start)
6 October 2015
Foreseen end date
31 December 2017
Description
Cisa, a manufacturer of locks, keys and access control systems, agreed 150 layoffs at the plants of Faenza (Ravenna) (130) and Monsampolo del Tronto (Ascoli Piceno) (20).
The company intends to outsource its activities with low added value and to renovate the plant of Faenza in order to produce electronic locks. The dismissals are part of the 2015-2017 industrial plan disclosed last June. At that time, the company announced its intention to discuss with unions 258 potential redundancies. After a long process of negotiations at the premises of the Ministry of Economic Development, the parties reached an agreement entailing the adoption of incentivised voluntary dismissals and the provision of outplacement services for the redundant workers. The agreement was validated by workers through a referendum held in October.
Sources
25 June 2015: Romagna Noi
26 June 2015: Ravenna 24 Ore
1 July 2015: Faenza Notizie
4 July 2015: Sette Sere
Citation
Eurofound (2015), Cisa, Offshoring/Delocalisation in Italy, factsheet number 84333, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84333.
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