Ferrari to cut jobs - Ferrari Life
 
LinkBack Thread Tools Display Modes
post #1 of 2 Old 05-14-2010, 02:40 AM Thread Starter
 
Mike430's Avatar
 
Join Date: Aug 2008
Location: South Africa
Ferrari Life Posts: 1,291
Ferrari to cut jobs

Ferrari workers have walked out over plans to cut jobs and idle a plant as a result of reduced demand for engines from sister brand Maserati.

The workers walked out for four hours earlier this week over plans for Ferrari to cut 120 office positions and 150 factory jobs in exchange for the last payment of a 2009 bonus due last month, according to a workers' union official.

In addition, Ferrari plans to idle a factory in Maranello by laying off about 600 workers for a week from 17 May.

Ferrari spokesman Stefano Lai said the cutbacks were a result of fewer orders from Fiatís Maserati brand.

Lai added that the company intends to outsource some jobs to local companies, transferring jobs from within Maranello and offer some employees early retirement. He added that the moves would free resources to protect workers on temporary contracts.

Ferrari employs around 3000 people.

Ferrariís first-quarter trading profit in 2010 declined 28 per cent to 39 million euros (£43 million).

It has predicted it will build as many Ferrari cars in 2010 as in 2009, when it built 6250 units, down five per cent on the previous year.
Mike430 is offline  
Sponsored Links
Advertisement
 
post #2 of 2 Old 05-14-2010, 01:28 PM
Owner
 
Granucci's Avatar
 
Join Date: Jan 2007
Location: far and away
Ferrari Life Posts: 6,199
Not surprised

http://www.ferrarilife.com/forums/sh...ad.php?t=12085

THey are cutting about 150 factory jobs and others. What surprised me was if I read the link correctly to ask for bonus money back from last year!

Funny how they didn't approach Kimi or Shumi first before axing their staff.

Perhaps just me, and I know employee contracts are more non binding than driver's but, they should feel more for their staff than what I read.

Honestly, Ferrari wastes so much more on poor planning for events than is necessary.

Guide to the Galaxy: Don't Panic
Rik -- LAH !


Current:
Past:
1990 Mondial T Cabriolet SN 86247 : Red/Tan
1995 456 GT 2+2 SN 99987 : Roso Metalizzato [Fer 311/C] & Tan
Granucci is offline  
Reply

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



Posting Rules  
You may not post new threads
You may not 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 Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome
Copyright 2012 ONE Media, Inc.
FerrariLife is independently run with no affiliation with Ferrari SpA
Ferrari for Sale | Maserati for Sale