The state of crisis for Mondadori will start in June. It will last two years, until May 2015. Of the 87 expected redundancies (writes Italia Oggi), they will redundancy fund 44 journalists on a rotational basis, who meet or will qualify for early retirement over the two-year period. The remaining 43 will be covered by a solidarity scheme which will involve all 281 editors of the Segrate newspapers. Both the top figures of the group and the 44 editors to be retired early are excluded from solidarity.
The rolling redundancy fund involves a reduction in working hours, equal to 2 days a month, while solidarity provides for a reduction in wagesdi 20% for two years. Both the top figures of the group and the 44 editors to be retired early are excluded from solidarity.
