Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Alitalia job cuts seen at 2,400-2,500: labor minister

[June 03, 2014]  MILAN (Reuters) - Italy's labor minister said on Tuesday he sees job cuts at Alitalia reaching 2,400-2,500 as the loss-making airline negotiates an investment by Abut Dhabi-based Etihad Airways.

"From what I understand there are talks of 2,400-2,500 jobs cuts," Giuliano Poletti said on the sidelines of an event in Milan, adding that the matter is still subject to negotiation with relevant parties, including unions.

He added that his ministry would assist in the ongoing talks between Alitalia and Etihad, especially as they concern state-sponsored layoff schemes that may need to be put in place to reduce the impact of eventual job cuts.

Alitalia has a total workforce of 14,000 people.

(Reporting by Gianluca Semeraro, writing by Agnieszka Flak, editing by Francesca Landini)
 

[© 2014 Thomson Reuters. All rights reserved.]

Copyright 2014 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.