HCM & HRIS

Electrolux halves planned Italy redundancies under revised industrial plan

November 5, 2026
www.ETHRWorld.com
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  • Published On Nov 5, 2026 at 07:27 AM IST

The departures will be managed on a voluntary basis with incentives, and will now exclude compulsory layoffs />ROME: Appliance maker Electrolux has agreed with the Italian government and unions to nearly halve planned job cuts in the country and invest more than €100 million, the unions and the industry minister said.<br><br>* The Swedish group’s revised plan now envisages a maximum of 918 redundancies among permanent staff over the next three years, from 1,719 initially unveiled in May<br><br><!– PROMOSLOT_M –>* The departures will be managed on a voluntary basis with incentives, and will now exclude compulsory layoffs<br><br>* The new strategy targets annual production of about 3.2 million units by the end of the plan in 2029, down from 3.6 million now, according to the Uilm trade union<br><br><div class=” article-detail-ad-slot=”” captionrendered=”1″ data-src=”https://etimg.etb2bimg.com/photo/135555800.cms?mod=50712″ height=”442″ loading=”eager” src=”https://hr.economictimes.indiatimes.com/images/default.jpg” width=”590″></img></p> </div> <p>* The deal will keep production at all of Electrolux’s Italian sites, including its kitchen hood-making facility in Cerreto d’Esi, near the city of Ancona, which the group initially planned to close, retaining all 149 staff there as the group seeks a new investor for the plant</p> <p>* The deal struck after 30 hours of talks in Rome between the company, unions and government officials, will secure “long-term production prospects in Italy”, the industry ministry said</p> <p>* Uilm said workers would vote on the deal in the coming days</p> <p>* Electrolux announced the restructuring plan this year as it moves to boost competitiveness amid weak demand and pressure from lower-priced rivals</p> <p>* Electrolux was not immediately available for comment</p> <p>(Reporting by Giulia Segreti in Rome; Editing by Clarence Fernandez) </p> <div> <div> <ul> <li><a href=Reuters

  • Published On Nov 5, 2026 at 07:27 AM IST

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