Govt, unions reach agreement with Electrolux for new plan, halving job cuts

The Italian government and trade unions have negotiated a new plan with Electrolux, reducing job cuts from 1,719 to 902. Minister Adolfo Urso announced that the agreement protects workers and maintains all manufacturing plants in Italy, with over 100 million euros invested for future production. Departures will occur through voluntary redundancies, supported by public safety nets. By 2029, Electrolux's Italian factories are expected to produce approximately 3.2 million units annually, a decrease from the current 3.6 million.