Electrolux Nearly Halves Planned Italy Job Cuts, Commits Over €100 Million
Electrolux agreed with Italy’s government and unions to nearly halve planned job cuts in the country and invest more than €100 million, according to the unions and industry minister.
Appliance maker Electrolux (ELUXb.ST.MI) 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.