Temporary layoffs up in Italy

More employees suspended in corporate restructuring

Temporary layoffs up in Italy

Rome, November 6 - Corporate restructuring has caused a rise in temporary layoffs, the Italian state pensions agency INPS said in a report released Tuesday. In the month of October the number of employees suspended was up 20.6% compared to October 2011. In the first 10 months of 2012, the overall number of temporary layoffs was up 10.1% since 2011.

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