Italcementi job cuts halved ahead of takeover

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Italy: Labour undersecretary Teresa Bellanova has announced that layoffs at Italcementi will be 538, not 1080 as earlier reported. The deal to reduce job losses in Italcementi's workforce of 3000 in the was hammered out by government, unions and management ahead of the Euro3.7bn takeover by HeidelbergCement.

Last modified on 09 December 2015

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