The head of ChemChina noted that job cuts at Pirelli's facilities are not expected
Ren Jianxin recently commented on rumors of impending mass layoffs at Pirelli's facilities following the purchase of a controlling stake by the Chinese side. The head of ChemChina admitted that he is ready to do everything possible to facilitate the merger of the two businesses. This information was published by the prestigious publication Financial Times.
According to the leader, the companies will have to work together, so the main task at the moment is to develop a long-term strategy. Naturally, the company's usual activities will have to be changed somewhat. However, there is no talk of any layoffs.
In this interview, the Chinese owner of Pirelli confirmed the words spoken a week earlier by the former owner of the shares. According to Marco Tronchetti Provera, the new owners of the company plan, on the contrary, to expand the business. This means that more people will be needed, and there will be no layoffs.
According to the leader, the companies will have to work together, so the main task at the moment is to develop a long-term strategy. Naturally, the company's usual activities will have to be changed somewhat. However, there is no talk of any layoffs.
In this interview, the Chinese owner of Pirelli confirmed the words spoken a week earlier by the former owner of the shares. According to Marco Tronchetti Provera, the new owners of the company plan, on the contrary, to expand the business. This means that more people will be needed, and there will be no layoffs.