Italcementi Fabbriche Riunite Cemento SpA Bergamo to Place 665 Employees in Layoff Schemes-Il Sole 24 Ore

Wednesday, 12 Dec 2012 07:00pm EST 

Il Sole 24 Ore reported that Italcementi Fabbriche Riunite Cemento SpA Bergamo has prepared a plan to reorganize its activities in Italy, to be implemented in 2013 and 2014, which envisages layoff schemes for up to 665 employees. At present, the Company employs 2,500 staff of whom two-thirds are involved in its productions sites and the rest work at the Company's headquarters in Bergamo. The plan, dubbed Project 2015, aims to rationalize the industrial and distribution structure of the group and reorganize the central structures and commercial network. The plan targets to reduce costs by around EUR 40 million a year. 

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