Italy -Strike action against lay-offs at Gruppo Monte Paschi di Siena -July 25, 2012

Unions have organised strike actions at the Gruppo Monte Paschi di Siena (MPS) to protest against massive lay-offs as the company struggles in the financial crisis. The MPS management announced in April that it foresees 4,600 redundancies, cuts on supplementary contract, the outsourcing of back office services and the closure of 400 branches. Trade unions have condemned the lack of dialogue and willingness to find a better solution.

English: ...


This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Mariya Nikolova All rights reserved. The ETUI is not responsible for the content of external internet sites.

For previous issues of the Collective bargaining newsletter, please visit You may find further information on the ETUI at, and on the AIAS at © ETUI aisbl, Brussels 2012. To unsubscribe, please contact Mariya Nikolova.

News Archive