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Finmeccanica: Selex Communication announces 600 redundancies

Rome , Italy - The majority are provided in Pomezia, Cisterna di Latina and Genoa

Finmeccanica SpA's communication systems unit, Selex, plans 600 job cuts as well as EUR 239 mln of investments in its 2007-2009 business plan, said the UILM trade union after a meeting with management. The latest plan reduces the number of job cuts to 600, from 1000 cited last July, and takes account of a significant cut in military orders. The investment will go on growing in various military,...

AVIONEWS - World Aeronautical Press Agency - 74582
Rome, Italy, 02/28/2007 15:39
AVIONEWS - World Aeronautical Press Agency

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