LTM (Logistica Terra Mare)

Type
Internal restructuring
Country
Italy
Region
Isole; Sicilia; Catania
Location of affected unit(s)
Catania
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52 - Warehousing, storage and support activities for transportation
52 - Warehousing, storage and support activities for transportation
130 jobs
Number of planned job losses
Job loss
Announcement Date
21 December 2018
Employment effect (start)
7 March 2019
Foreseen end date

Description

The logistics company LTM (Logistica Terra Mare), which operates warehouses for the supermarket group Sicilia Discount, started the procedures for the collective dismissal of 130 employees working at Sicilia Discount's two locations in Catania.

According to the company, the decision to the fact that the Sicilia Discount is currently facing a crisis and it is no longer paying for LTM's services.

A meeting between the company and the trade unions has been set for December, 28, in order to find alternative solutions to the dismissals.

Citation

Eurofound (2018), LTM (Logistica Terra Mare), Internal restructuring in Italy, factsheet number 96225, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96225.