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.
The company of design housewares Alessi announced 85 redunduncies, out of its total current workforce constituted of 314 employees, in Omegna.
The decision is connected with the difficult economic situation the company is facing and its need to reduce personnel costs, as defined in the new industrial plan.
The company intends to use the Wage Guarantee fund, but the unions pushes for solidarity contracts.The trade unions argued that the decision to declare the redundancies can be no longer postponed and it seems the best way to assure a future to the company. The union were also reassured that there will be no offshoring, and that the plant is at no risk of closure because it continues to be considered a strategic element for the future.
Eurofound (2019), Alessi, Internal restructuring in Italy, factsheet number 96612, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96612.