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 For Transport Equipment Manufacture Of Other Transport Equipment 30.91 - Manufacture of motorcycles
68 jobs Number of planned job losses
Announcement Date
25 September 2017
Employment effect (start)
9 December 2017
Foreseen end date
29 March 2018
Description
Motorcycle engine manufacturer Motori Minarelli announced the forthcoming dismissal of 68 out of 259 employees at its plants in Calderara di Reno.
The Yamaha daughter company adduced the job cuts to a persistent reduction of production. Due to the crisis, Motori Minarelli has reduced significantly its staff over the last 10 years (see also Motori MinarelliIT-2014) and it is currently making use of temporary lay-off schemes.
Unions are holding strikes against the decision. They ask for a reduction of exits, new investments in the plants, and for dismissals to take place on a voluntary basis.
Sources
26 September 2017: Corriere della sera
2 October 2017: La Repubblica
8 November 2017: Rassegna Sindacale
Citation
Eurofound (2017), Motori Minarelli , Internal restructuring in Italy, factsheet number 92499, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92499.
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