Pfizer to cut about 330 jobs at Sicily plant, unions say

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U.S. pharmaceutical giant Pfizer will cut about 330 employees at its plant in Sicily in southern Italy, labor unions said. Italy's three largest unions, CGIL, CISL and UIL, said in a statement that Pfizer and Italy's Ministry of Enterprises and Made in Italy held talks in Rome late on the 6th but the discussions produced no results. The Sicily plant currently employs 550 people, meaning the cuts amount to about 60 percent of its workforce. The ministry said it plans to hold further talks with Pfizer on November 10. Meanwhile, Swedish appliance maker Electrolux and Swedish telecom equipment maker Ericsson also signaled plans this week to scale back their Italian operations.

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Pfizer Inc
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Pfizer plans to cut about 330 jobs, roughly 60% of its Sicily plant workforce.

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