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Italy: Steel plant workers decry 5,000 potential job cuts in Genoa01:37

Italy: Steel plant workers decry 5,000 potential job cuts in Genoa

Italy, Genoa
October 9, 2017 at 16:07 GMT +00:00 · Published

Near one thousand employees from the Ilva steel plant protested in Genoa on Monday against 5,000 potential nationwide job cuts, 599 of which would hit the port city. Ilva protesters were joined by demonstrators from an array of workers' delegations, as they marched towards the Genoa prefecture. Representatives of the Italian Confederation Workers' Unions (CISL) and Italian General Confederation of Labour (CGIL) trade unions were also present. Plant workers are observing strikes across the country, including both the Rome and Taranto factories.Ilva was declared insolvent earlier this year with debts totaling nearly three billion euros. The steel plant was then privatised by the Italian government with majority shares purchased by ArcelorMittal of India and Marcegaglia of Italy. Both companies announced 5,000 job cuts in order to save the Ilva asset.

Italy: Steel plant workers decry 5,000 potential job cuts in Genoa01:37
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Near one thousand employees from the Ilva steel plant protested in Genoa on Monday against 5,000 potential nationwide job cuts, 599 of which would hit the port city. Ilva protesters were joined by demonstrators from an array of workers' delegations, as they marched towards the Genoa prefecture. Representatives of the Italian Confederation Workers' Unions (CISL) and Italian General Confederation of Labour (CGIL) trade unions were also present. Plant workers are observing strikes across the country, including both the Rome and Taranto factories.Ilva was declared insolvent earlier this year with debts totaling nearly three billion euros. The steel plant was then privatised by the Italian government with majority shares purchased by ArcelorMittal of India and Marcegaglia of Italy. Both companies announced 5,000 job cuts in order to save the Ilva asset.

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