Italcementi announces lay-off schemes for 26% of Italian staff

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Italy: The Italian cement maker Italcementi has prepared a plan to reorganise its activities in Italy, to be implemented in 2013 and 2014. It envisages layoff schemes for up to 665 employees.

At present the company employs 2500 staff, of whom two-thirds are employed at its production sites. The remainder work at the company's headquarters in Bergamo.

The plan, dubbed 'Project 2015,' aims to rationalise the industrial and distribution structure of the group and reorganise the central structures and commercial network. The plan targets to reduce costs by around Euro40m/yr.

Last modified on 19 December 2012

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