Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Kering workers in Italy to strike over 'unilateral decisions' by the company

    Kering workers in Italy to strike over 'unilateral decisions' by the company

    Published by Global Banking and Finance Review

    Posted on October 20, 2025

    Featured image for article about Finance

    MILAN (Reuters) -Workers at Italian units of French luxury group Kering will stage a four-hour strike on Tuesday, unions said, citing what they said was the company's unwillingness to engage in dialogue over issues such as remote working.

    The action will affect staff at Kering brands including Gucci, Balenciaga and Yves Saint Laurent, with demonstrations planned in Milan and Scandicci, a town close to Florence.

    Kering is dealing with a slump in sales and high debt and it agreed on Monday to sell its beauty business to L'Oreal.

    Italian unions Filctem Cgil, Femca Cisl and Uiltec Uil said recent talks with Kering's representatives showed a "preconceived closure to dialogue", accusing the group of unilateral decisions that risk weakening labour relations and workers' rights.

    One example was the company's decision to limit remote work, according to Filctem Cgil union representative Massimo Bollini.

    "But beyond this specific case, what's changing is the approach - decisions are presented as final and non-negotiable," he told Reuters.

    Kering Italia said it informed unions last November of its plan to halve monthly remote work days from eight to four, in line with the group's global strategy.

    The previous agreement was extended until September to allow for dialogue and the new policy took effect in October.

    (Reporting by Elisa AnzolinEditing by Keith Weir)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe