EMCC European Monitoring Centre on Change

Natuzzi

Company/Organisation:
Natuzzi

Geographic Location

Country: Italy
Region: Sud
Location of affected unit(s): Bari; Matera; Taranto

Company

Sector: Manufacturing
Other manufacturing, and repair and installation of machinery and equipment
31 - Manufacture of furniture
Number Employed: 3800
Group: Natuzzi Group

Employment Effects

Announcement Date: 31-03-2009
Planned Job Reductions min: 1540
Planned Job Reductions max: 1540
Type of Restructuring: Internal restructuring
Employment Effect Start: 31-05-2009
Foreseen End Date: 01-04-2010

Additional Information

The Natuzzi group, one of the world's leading designers and manufacturers of upholstered furniture, is to cut 1,540 jobs. At the end of March, the company has announced a new reorganisation plan, which envisages 1,540 job-cuts at the Matera, Bari and Taranto plants. According to the company, the reduction is necessary in order to tackle the recent economic crisis and the consequent drop in demand.

The trade unions reacted to the company's decision by going on an eight-hour strike on the 9 of April and demanding local and national authorities to take adequate measures to relaunch the Italian sofa industry that has been in crisis for several years.

The Natuzzi group is one of the world leading manufactures of upholstered furniture. The company's plants are concentrated in Southern Italy, between the Puglia and the Basilicata regions. The company exports 90% of its production to 135 countries, employs around 3,800 workers in Italy and around 3,000 workers in China, Brazil and Romania.