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.
Compuprint, leader in production of professional printers and industrial printing solutions, is to cut 250 jobs. The job-cuts will involve workers employed in its plant located in Leinì (in the province of Turin), which produces photovoltaic panels. In the plant are employed 270 workers. According to the company, the shutting of the photovoltaic panels production is due to the Italian government's decision to cut the economic incentives for renewable energies for the next years.
The trade unions reacted to the company's decision asking to the central government new incentives and policies for the renewable energy sector. Moreover they solicited the Piedmont Region involvement in order to maintain the activities in the photovoltaic sector developed by Compuprint in the region.
At the end of June, the company and the sectoral trade unions reached an agreement that envisages a reorganisational plan (with several job-cuts), instead of the closure of the plant located at Leinì. In particular, the plan provides for 223 job-cuts (out of 273 employees). For the redundant workers the agreement envisages the recourse to a two-year scheme of extraordinary Wage Guarantee Fund and to the mobility allowances.
Eurofound (2011), Compuprint, Internal restructuring in Italy, factsheet number 71919, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71919.
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