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Stellantis, unions agree further 480 voluntary exits in Italy – Metro US

Stellantis, unions agree further 480 voluntary exits in Italy

Stellantis logo is seen on the company’s headquarters in Poissy
Stellantis logo is seen on the company’s headquarters in Poissy near Paris

MILAN (Reuters) – Carmaker Stellantis has agreed with unions it will cut 480 jobs this year at its Mifariori facility in Turin through voluntary redundancies, Italy’s FIM-CISL union said on Monday.

The deal was signed by all major metal workers unions with the exception of the leftist FIOM-CGIL.

Stellantis had already reached a similar accord with unions in February over more than 700 voluntary redundancies, for a total of nearly 1,200 job cuts this year in Italy.

Davide Provenzano, head of FIM-CISL for the Turin area, said that while the deadline for the voluntary redundancies was the end of the year, there was an extra incentive of 20,000 euros ($21,000) for people who left the company by Sept. 30.

A spokesperson for Stellantis, which currently employs around 50,000 people in Italy, confirmed the accord over the job cuts, saying the company had no further comment. ($1 = 0.9524 euros)

(Reporting by Giulio Piovaccari; Editing by Valentina Za)