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Leonardo agrees early retirement, new hirings deal with Italian unions

Published 12/21/2022, 12:39 PM
Updated 12/21/2022, 12:40 PM
© Reuters. FILE PHOTO: The logo of defence group Leonardo in Geneva, Switzerland, May 22, 2017.  REUTERS/Denis Balibouse/File Photo

ROME (Reuters) - Defence and aerospace group Leonardo said on Wednesday it had struck a deal with Italian trade unions for the early retirement of 400 of its staff during 2023-2024, to be offset by around 600 new hirings over the same period.

The early retirement option will be made available, on a voluntary basis, to employees who qualify for retirement by no later than Nov. 30, 2028, the company said in a statement.

© Reuters. FILE PHOTO: The logo of defence group Leonardo in Geneva, Switzerland, May 22, 2017.  REUTERS/Denis Balibouse/File Photo

Meanwhile, hirings "will bring new talents aboard the Leonardo community to help face the challenges of digitisation and development of distinctive technologies and production processes," Antonio Liotti, Leonardo's Chief People & Organisation Officer, said.

At the end of last year, Leonardo had around 31,600 employees in Italy, accounting for just under two-thirds of its global workforce, according to company data.

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