Monday, July 4, 2011

Marchionne Threatens to Leave Industry Body over Fiat-Union Brawl


Fiat S.p.A.’s CEO, Sergio Marchionne, threatened to pull out of the Italian industry federation from January 1, 2012, unless there is some progress with the union talks.
This is only the last episode between Fiat's boss and Italy’s largest industrial group’s labor unions over the new contracts that he has imposed at three of Fiat’s factories in order to reduce the number of absent workers and increase productivity.

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