The Safilo plan with 700 redundancies on the 2600 Italian workers has already put the trade unions on a war footing. In all the establishments of the eyewear group the state of agitation was declared and a general strike for the whole day of 13 December. "Never make these decisions light-heartedly" but the decision to cut in Italy is "inevitable" to allow Safilo to "continue to live for another 150 years," said ad Angelo Trocchia.
The company announced yesterday the restructuring and closure of the Martignacco plant (Udine). Meanwhile, on the stock market, the Safilo stock collapses after the announcement of the plan to 2024 which foresees a cut in targets by 2020, due to the disappearance of licenses with Dior, and 700 redundancies to restructure production capacity in Italy. After a long suspension in the volatility auction, the stock returned to trading, ending the session down 25.5% to 1.19 euros. The company has announced that it will give up paying dividends.
The unions, which met the company yesterday, proclaimed a strike on December 13 and started blocking overtime asking them to stop "any procedure" and start a confrontation to find "tools and actions to protect" workers "also" involving " the institutions. While "taking note" of the "important situation of difficulty that puts at risk the survival" of Safilo "it is not possible that the workers are always paying the bill for inadequate choices and strategies", they underlined
