Fiat closing for 8 days this summer to save money

June 11, 2012 by · Leave a Comment 

Filed under: , ,

Employees at Fiat‘s Mirafiori, Italy headquarters will get an extra eight days of vacation this summer. Fiat says 5,400 work at the office complex where its styling center, engineering operations, sales, marketing, administrative and other functions are housed.

The company said it hopes to save as much as $1.25 million a day by shutting down June 14-15, June 20-21 and another four days in July. Then, as usual, the HQ will shut down the entire month of August for summer vacation.

During those eight additional vacation days, Fiat workers will still be paid about 80 percent of their normal wage through the country’s Cassa Integrazione layoff program.

Fiat closing for 8 days this summer to save money originally appeared on Autoblog on Mon, 11 Jun 2012 09:14:00 EST. Please see our terms for use of feeds.


About Dodge

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.

Tweeter button Facebook button Youtube button