Fiat Auto SpA receives approval from the Italian government to declare its operations in a “crisis status,” clearing the way for the auto maker to begin layoffs for 8,100 workers. The government agrees to provide supplemental unemployment payments to the affected employees. Fiat wasted little time in notifying those employees to be idled during the first wave of cuts. The company has provided notices to 5,600 employees at its facilities in Turin, Arese, Cassino, Termini ...
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