Fiat Auto’s problems are boiling over and drastic measures are required. The Italian government has granted the company “crisis status,” paving the way for the layoff of 8,100 workers, who now will be entitled to supplementary unemployment benefits. The first wave of 5,600 Fiat employees throughout Italy already has been cut. Additionally Fiat Auto CEO Gabriele Galateri, appointed in June, has left the company and reports indicate Paolo Fresco, chairman of parent company Fiat SpA, ...
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