Bonfiglioli is to reduce its workforce in Italy by 230 employees in 2013. The job cuts will mainly affect the four plants located in Calderara and Sala Bolognese (in the province of Bologna), Vignola (in the province of Modena) and Forlì. According to the company, the job cuts are mainly due to a 30% drop in demand.
The management has arranged meetings with the trade unions in January 2013, in order to discuss support measures for the redundant workers. The number of redundancies is unlikely to be reduced. The trade unions have expressed their worry about the future of manufacturing in the region of Emilia- Romagna and the social consequences of the dismissals.
Bonfiglioli is an Italian company specialized in manufacturing solutions for power transmission and control in the industrial, mobile and renewable energy sectors. In Italy the company employs over 1400 people.