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 clothing company Corneliani announced 130 redundancies in its Mantova plant. Dismissals are planned to take place by the end of 2020 and will affect both blue collar and white collar workers, respectively in the measure of 72 and 58 dismissals.
According to the company, the decision is due to adverse market conditions and irreversible changes in the sector that inevitably require new organisational and business models.
The trade unions deemed the plan as unacceptable and called the state of agitation with assemblies and strikes planned at least over November 6 and November 7.
Currently, Corneliani employs 454 workers at its production plant in Mantova.
Eurofound (2019), Corneliani, Internal restructuring in Italy, factsheet number 99010, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99010.
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