Former Ilva, AdI starts collective dismissal procedure for 80% of managers

Acciaierie d'Italia has initiated collective layoff procedures for 40 of its 51 permanent managerial staff, out of a total of 73 units. The layoffs, which are set to affect managers in Taranto, Milan, Genoa, and Novi Ligure, are part of a restructuring effort necessitated by a court order to suspend production at its Taranto plant.

The court's order, issued on July 27 and confirmed in September, requires the company to revoke raw material orders and discontinue its integrated production cycle. The layoffs will take effect after a union consultation period, within a maximum of 120 days. The company has expressed willingness to consider professional relocation programs and economic incentives for those affected.