Rome

Leonardo strikes early-retirement deal for 1,100 (2)

Operation boosts competitiveness says aerospace, defence giant

Leonardo strikes early-retirement deal for 1,100 (2)

Rome, March 13 - Italian State-controlled defence and aerospace giant Leonardo said Tuesday that it has reached an agreement with trade unions for 1,000 workers to take voluntary early retirement in the coming years. A statement said the workers taking early retirement would be those maturing the necessary requirements in the four years after the exits planned in the 2018-2019 plan. It said the operation would increase the company's "competitiveness and profitability".

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