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December 7, 1993

OLIVETTI PLAN TEMPORAY LAY-OFF’S

By CBR Staff Writer

Ing C Olivetti & Co SpA officially told its unions that it is putting about 2,000 of the workforce on a temporary lay-off programme from mid-January: they will be given a portion of their salary but are not guaranteed that they will get their jobs back; talks with the unions on possible restructuring plans broke up last week without agreement.

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