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.
Aprilia, an Italian motorcycle manufacturer, is to cut 136 jobs in its plants located in Scorzé and Noale, in the province of Venice.
At the beginning of January, the company announced a reorganisation plan with 195 jobcuts. After the first round of negociations, the company and the trade unions reached an agreement on the restructuring. The plan includes 136 job cuts with economic incentives for voluntary departures and the renewal of the “solidarity agreement”. The workers' assembly is expected to approve the agreement by referendum in the following days.
Aprilia belongs to Piaggio Group and it employs approximately 720 people in Italy.
Eurofound (2013), Aprilia, Internal restructuring in Italy, factsheet number 74787, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74787.
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