Alitalia unions baulk at 5,000 job cuts
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almost a quarter of its workforce - and split itself in two yesterday in last-ditch attempt to avoid bankruptcy. The struggling Italian airline met
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ROME  - The future of Italian flagship carrier Alitalia is at stake in a meeting with unions Monday to reveal the number of planned job cuts as part of a restructuring plan aimed at averting collapse.
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The Italian airline is facing resistance from unions against its plan to evade bankruptcy by cutting 5,000 jobs.
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Italian carrier Alitalia signed an agreement Wednesday with the government and labor unions over layoffs at the airline, the final hurdle in long negotiations for ensuring the company's survival.
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MILAN A day after Alitalia said it would cut 5,000 jobs, a quarter of its work force, unions regrouped, vowing Tuesday to limit the layoffs through methods that ranged from continuing negotiations with the management of the state-run airline to hunger
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Unions at Alitalia airlines are harshly criticizing plans to slash 5,000 jobs at the ailing Italian company. One of Alitalia&#39;s smaller unions said it would stage a hunger strike to protest the cuts.
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Racing against the clock to stave off bankruptcy, Alitalia has clinched a deal with its ground staff, rolling back their benefits and opening the way for some 2,500 job cuts.
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LONDON, October 6  - Alitalia (ALI.FSE) has reached an agreement with its major labour unions and the Italian government, enabling the loss-making airline to access a â¬400 million (â¬492.
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Shares in Alitalia gained over 5.0 percent Monday after the state-controlled airline clinched a final union agreement over job and wage cuts, clearing a key obstacle to its turnaround plan.
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KarstadtQuelle, the crisis-ridden German department store operator, plans to cut 5,500 jobs and freeze the wages of its remaining employees over the next three years as part of a 760-million-euro (935-million-dollar) cost-cutting package, unions said.
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Italian airline Alitalia has agreed a deal with its ground staff, paving the way for some 2,500 job cuts and a reduction in staff benefits.
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ROME The survival of Italy&#39;s flag carrier will be at stake on Monday when Alitalia meets its unions to reveal how many jobs it intends to cut in a restructuring aimed at averting collapse.
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Alitalia appeared to clinch its final union agreement on Saturday over job and wage cuts, as cabin crews agreed to a painful restructuring needed to prevent the airline&#39;s collapse, a union source said.
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Unions at Alitalia called a plan to cut a quarter of the workforce &quot;unacceptable&quot; Tuesday and urged the Italian government to step in to ease the pain of restructuring the ailing state-controlled airline.
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ROME -- The future of Italian air carrier Alitalia is at stake in a meeting set with unions today to reveal the number of planned job cuts as part of a restructuring plan aimed at averting collapse.
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The future of Alitalia is at stake as the Italian flagship carrier meets with unions Monday to reveal the number of planned job cuts as part of a restructuring plan aimed at averting collapse.
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Clearing the way for a do-or-die restructuring, unions at Italian airline Alitalia AZPIa.MI have agreed to unemployment packages for around 3,700 employees, union sources say.