Electrolux announces 1,700 layoffs, plant closure in Italy, unions say

MILAN, May 11 (Reuters) - Swedish appliance maker Electrolux ELUXb.ST has said it will lay off 1,700 of its 4,500 employees in Italy and close one of its plants in the country, Italian trade unions said in a statement on Monday, decrying the "drastic" cut in production and staff.

Electrolux plans to close its facility in Cerreto d'Esi, near Ancona, in central Italy, and reduce staff levels in all its plants, the UILM, FIM and FIOM metalworkers' unions said in a joint statement after meeting the company representatives earlier on Monday in Venice.

Electrolux, which was not immediately available for comment, currently runs five plants in Italy.


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