Leonardo agrees early retirement, new hirings deal with Italian unions

Reuters

Published Dec 21, 2022 12:39PM ET

ROME (Reuters) - Defence and aerospace group Leonardo said on Wednesday it had struck a deal with Italian trade unions for the early retirement of 400 of its staff during 2023-2024, to be offset by around 600 new hirings over the same period.

The early retirement option will be made available, on a voluntary basis, to employees who qualify for retirement by no later than Nov. 30, 2028, the company said in a statement.