News of the layoffs was first met with alarm in December by employees of the Italian fashion house when Ferraris revealed the plan was to reduce the workforce by 30 per cent. Following few conferences at the Ministry of Labour and Social Policy in Florence, a total of 50 contracts will be terminated, compared with the 77 that were expected – 15 of which are voluntary. Ferraris revealed that he was pleased with the outcome.
“I am in particular satisfied with the sense of responsibility that the different parts have demonstrated and which makes us hope for the future,” he said. “As I declared at the moment of the reorganisation, I am convinced that Cavalli has in itself what is necessary to restart. With the contribution of shareholders, employees and management, as well as of all external stakeholders, we hope to quickly reach our objectives.”
Personally I think Cavalli did a pretty good job with this collection. What do you think? Do is you favourite item so far?