Business · Companies · 4 hrs ago

Ex Ilva seeks expanded furloughs for up to 8,622 workers

Ex Ilva seeks expanded furloughs for up to 8,622 workers

Acciaierie d'Italia has asked to put up to 8,622 workers on furlough, nearly double the current maximum of 4,450.

The company, which operates the former Ilva steelworks, is under extraordinary administration and has sites across Italy.

The request follows a court order to suspend production in the hot area of its Taranto plant, which makes steel for further processing.

The company says the shutdown has forced it to change operations and cut costs; 1,004 workers would remain on duty to protect equipment and meet administrative and environmental obligations.

The request would cover workers until February 28, 2027, subject to approval and any extension.

Italy's Supreme Court is due to hear appeals against the shutdown order on October 20, while the commissioners seek talks with unions about the furlough plan.

The company says reducing costs is needed to keep it viable during the sale of its production assets.

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What people are saying

Acciaierie d’Italia commissionersCompany commissioners
the non-deferrable fulfilment of the court order is currently incompatible with the company's layout
via ANSA
the suspension of production requires a different operating plan to be put in place and implemented promptly
via ANSA
Acciaierie d’ItaliaCompany
maximum average number of simultaneous suspensions
via RaiNews