Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- Improving Healthcare Outcomes through IT Policy
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
Shows & Panels
Fiat to extend layoffs at plant in southern Italy
Tuesday - 1/15/2013, 1:21pm EST
MILAN (AP) - Italian carmaker Fiat SpA wants to extend a temporary layoff scheme in a southern Italian plant to respond to slumping demand and to save money for future investment.
Fiat, which owns Chrysler LLC, said the move is necessary to `'realize the investment of around (EURO)1 billion," or $1.34 billion, planned for the Melfi plant. Fiat plans to produce two new SUV models there for global export beginning in late 2014.
Melfi, which now makes the Punto compact car, has closed for about 150 days this year, sending its 5,500 workers home with reduced pay.
Fiat expects the launch of the new production lines could see all workers return to work full time.
The FISMIC union said the layoff extension, while difficult for workers, is positive because it confirms the investment.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)