Alitalia wants to slash jobs
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Italy's Alitalia aims to slash about a third of its more than 20,000-strong work force and move another third into a spin-off company under a do-or-die rescue plan for the flag airline, union sources say.
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Alitalia scrambled for an accord with cabin crews on Friday over job cuts and longer hours needed to save the airline from collapse as negotiations
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Alitalia said Monday that it would meet with union representatives after nine labor groups demanded that the airline tell them its strategic and organizational plans, and called for government intervention in further talks.
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Italy should hand loss-making national carrier Alitalia to anyone willing to take it off Rome&#39;s hands for one euro, or allow the airline to go bankrupt, Italy&#39;s infrastructure minister said.
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Alitalia may have to slash up to 7,000 jobs, it emerged yesterday, as executives scrambled to rescue Italy&#39;s national carrier from possible bankruptcy later this month.
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Alitalia SpA, Italy&#39;s largest airline, reached an agreement with its flight attendants&#39; unions to cut 900 jobs, qualifying the company for a government bailout that will keep it in business for another six months.
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Alitalia says it will shed 5,000 jobs and spin off non-core operations under a sweeping restructuring plan unveiled to union leaders yesterday.
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Alitalia's main unions held back from  calling for strikes on Tuesday despite anger at a plan to cut a  quarter of the workforce, hoping instead to try to negotiate a  less painful deal from the airline's management.
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Alitalia, the Italian government-run airline, plans to lay off about 5,000 of its 21,000 employees in a move to avoid filing for bankruptcy protection.
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Union leaders slammed Alitalia's plans to cut 5,000 jobs as part of restructuring efforts aimed at averting collapse, but said Tuesday they will keep negotiating and urged the government to step in.
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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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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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ROME - Italian air carrier Alitalia plans to cut 5,000 jobs as part of restructuring efforts aimed at avoiding collapse, news reports and an industry source said Monday.
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Financially-strapped Italian airline Alitalia said Friday it would sharly cut back on flights from Milan-Malpensa airport in late March in order to reduce costs.
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A top Italian labor leader says his union could consider job cuts at Alitalia to prevent the airline&#39;s collapse, as workers at the flag carrier clamored for details of its cost-cutting rescue plan.
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Alitalia, the Italian government-run airline and a partner with Delta and Air France in the SkyTeam alliance, told its unions on Monday that it planned to lay off about 5,000
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MILAN Alitalia&#39;s management and unions representing its cabin crews edged toward an accord Friday night on job cuts and working conditions in an effort to save the national carrier from collapse.