The Limited Times

Now you can see non-English news...

By the end of 2021, 1.3 million Landini employees lost, "No to layoffs"

2021-05-30T15:51:36.420Z


Confindustria-Cerved report, 40% of restaurants risk bankruptcy and SMEs with a concrete risk of default are more than two thirds of the companies that organize fairs and conferences. Trade unions in the square in Rome. The secretaries of CGIL, CISL and UIL received by Fico (ANSA)


There are more than two thirds of the SMEs with a real risk of default in the next 12 months among the companies that organize fairs and conferences. 40% of restaurants are highly likely to fail

(17.3% before Covid) with wide gaps between those in the North-East and those in the South (50.9%) ". 2021, created by Confindustria and Cerved, in collaboration with Intesa Sanpaolo '. "One third of the hotels are at risk, with clear gaps between the North-East (20.7%) and other areas, with maximum values ​​of 46.6% in the South ". In the sectors most affected by Covid" 28% of businesses are at risk, 36.5% in the South "

The loss of jobs for the whole of Italian companies (not only SMEs, but also micro and large companies), between December 2019 and the end of 2021 will be approximately 1.3 million units

, equal to 8.2 % of the total of the 16 million employees in companies before the emergency, most of whom were employed in the service sector. "At the territorial level, the estimates show more consistent absolute losses in the North-West (399 thousand employees, -7, 8%), compared to the north-east (322 thousand, -8.2%), while in relative terms, the effects would be greater in the South (320 thousand, -8.4%) and in central Italy (289 thousand, - 8.9%).

The "probable exit from the market of a significant number of companies and the downsizing of the turnover of many others, will have inevitable repercussions also on the level of investments. According to estimates, in fact, Italian companies could lose, due to Covid, 43 billion euros of capital in the two-year period 2020-2021 (-4.8% compared to the total approximately 900 billion at the end of 2019) ", highlights the report, with estimates that concern all Italian companies.

The focus of the report, as a whole, is instead on SMEs, the approximately 160,000 Italian joint-stock companies that have between 10 and 249 employees and a turnover of between 2 and 50 million euros, with product added value equal to 230 billion euros. The difficulties linked to the Covid emergency are reflected in the risk profiles: "the share of risky SMEs rises to 28% in the sectors most affected by Covid (double the national average), with shares equal to 36.5% in the South, 29.4% in the Center, 26.9% in the North-West and 20% in the North-East ".

The report shows that a very large number of SMEs (28 thousand, equal to 17.9%) suffered a drop in revenues of more than 20% in 2020. A third of the companies analyzed (53 thousand) recorded a lower but still significant decrease in revenues (between -10% and -20%). About 63 thousand have contracted sales with single-digit rates and only for the remaining 14 thousand companies (9.0%) turnover is estimated to grow or at the levels of 2019. On average, the turnover of SMEs is expected to decrease by 10.6% between 2019 and 2020. In central Italy -11.6%, north-east -10.7%, north-west -10.5%, in the South there is a more contained decline, -9.4% .

Meanwhile, the trade unions demonstrate in Rome. On the blocking of layoffs "the game is not over, we have asked the government to reopen a confrontation". Thus the general secretary of the CGIL, Maurizio Landini, from the demonstration in piazza Montecitorio. "Even at Confindustria we say that for us the first of July cannot be the day when the layoffs start. If the law does not change, we say that we are not willing to passively accept, to suffer the layoffs", he added. Furthermore, "in the next few days we will meet all the parliamentary groups, because today is the time for everyone to assume their responsibilities. The chatter is over".

The general secretaries of CGIL, CISL and UIL, Maurizio Landini, Luigi Sbarra and Pierpaolo Bombardieri were received by the President of the Chamber, Roberto Fico, on the occasion of the mobilization day jointly organized by the unions in Montecitorio square, which focuses on the theme of safety at work, the extension of the freeze on layoffs and industrial crises.



Source: ansa

All life articles on 2021-05-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.