Fiat temporarily suspends 48,000 workers - DodgeIntrepid.Net Forums - Dodge Intrepid, Concorde, 300m and Eagle Vision chat
LinkBack Thread Tools Rate Thread Display Modes
post #1 of 1 (permalink) Old 12-17-2008, 02:50 PM Thread Starter

Join Date: Oct 2008
Posts: 336
Feedback: 0 / 0%
Post Fiat temporarily suspends 48,000 workers

Italian automaker Fiat announced today that it is giving more than half of its workers extended holidays that will see 14 of its 20 home country factories shut down for two or four-week periods until mid-January. Fiat will temporarily lay off 48,000 of its 80,000 Italian workers in order to cope with a drastic drop off in new car demand across the globe.

The affected plants include the Mirafiori facility (pictured) that builds the Grande Punto and Alfa Romeo MiTo, which will shut down for two weeks, and the Pomigliano d’Arco facility that builds Alfa Romeo 159s 147s and GTs, which will shut down for a month and the Termini Imerese facility that builds the Lancia Ypsilon will pause for a total of three weeks.

Part of the Fiat workers’ salaries will be paid by a government-administered fund, the “cassa integrazione,” which pays a portion of the worker’s salaries, the automaker said in a release. The plant idling doesn’t affect the automaker’s agricultural, construction and industrial vehicles - just passenger cars.

Fiat is struggling with the worldwide downturn in new car sales - Fiat’s new car sales dropped 25 percent to 71,000 in November over the year before, though the automaker says its European market share has actually improved from 8.2 to 8.3 percent this year.

Fiat employs 185,000 workers across the globe in 178 plants.

Auto Reporter is offline  
Sponsored Links

Quick Reply

Register Now

In order to be able to post messages on the DodgeIntrepid.Net Forums - Dodge Intrepid, Concorde, 300m and Eagle Vision chat forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

Member names may only be composed of alpha-numeric characters. (A-Z and 0-9)

!!ATTENTION ADVERTISERS!! If you intend on advertising anything on this forum, whatsoever, you are required to first contact us here . Additionaly, we do NOT allow BUSINESS NAMES unless you are an Authorized Vendor. If you own a business, and want to do sales on this site via posting or private message, you will need to follow the rules. Shops, Stores, Distributors, Group Buys without being authorized will see your account terminated.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome