(ANSA) - Ancona, June 21 - Meetings between trade
union and company representatives from the home-appliance maker Indesit in Rome
on Friday to discuss major layoff plans have concluded unsuccessfully, the
Unions FIOM-CGIL, FIM-CISL and UILM, which have been
staging strikes since the announcement of sweeping job cuts, called for more
The company said at the beginning of the month that
it was set to slash 1,425 positions, including 25 managers, 150 white collar
staff and 1,250 factory workers across three Italian manufacturing
Workers must be let go due to production and financial woes
triggered by falling sales, the company said.
A 70-million euro
restructuring plan was being prepared, the company added.
applauded the plan and shares in Indesit gained 1.9% in value at the
announcement during last Tuesday's trading to end the day at 6.39
Indesit plans to keep only high-end appliance manufacturing in
Italy, and to concentrate low-cost appliance manufacturing in Poland and