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Electrolux Seeks Wage Cuts in Italy
Feb 6, 2014
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Electrolux may ask workers in Italy to take salary cuts that would make them more cost-competitive when compared to plants in Hungary and Poland. A report in Reuters said the largest Electrolux plant in Italy—in Porcia, with 1200 employees—could be at risk of closing without salary cuts.

Italian news outlet ANSA quoted the head of Electrolux in Italy, Ernesto Ferrario, say that the company wants to remain in Italy, and "We have no intention of leaving." He added, however, that the company was to "be sure about the competitive base."

ANSA said Electrolux's proposal to cut wages has "outraged labor unions."

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