Alitalia proposes 5,000 jobs cut
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Italian airline Alitalia tells unions that 5,000 would have to go under a proposed rescue plan for the state carrier.
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The Italian government is considering introducing unemployment benefits later this week for thousands of workers laid off from national carrier Alitalia, the labor minister said Tuesday.
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State carrier Alitalia could be faced with collapse within 20 days without the approval of a restructuring plan that would allow the airline to tap into a loan of 400 million euros (&#36;488 million), the company's chairman was quoted as saying in Italian news reports Tuesday.
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Italy's flagship air carrier Alitalia plans to cut 5,000 jobs as part of restructuring efforts aimed at averting collapse, news reports and an industry source said Monday.
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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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WITH the future of Italy&#39;s flagship carrier at stake, Alitalia is preparing to unveil a rescue plan at a crucial meeting with unions, revealing the number of planned job cuts aimed at averting collapse.
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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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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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MANAGEMENT at the Italian national airline Alitalia put forward a rescue plan today to trade unions that foresees slashing 5000 jobs and splitting the struggling carrier into two in order to keep it aloft.
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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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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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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 Alitalia is to reveal proposals to stave off bankruptcy.
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Management at the Italian national airline Alitalia put forward a rescue plan to trade unions that foresees slashing 5,000 jobs to keep the struggling carrier aloft, Italian media reported.
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State carrier Alitalia could be faced with collapse within 20 days without the approval a restructuring plan that would allow the airline to tap into a euro400 million (US$488 million) loan, the company&#39;s head was quoted as saying in Italian news reports
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Alitalia, the troubled Italian airline, has restated its first-half results, almost doubling its previously reported loss, as it set aside money to lay off about 20 percent of its work force.
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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.