Benetton, Luciano’s farewell and the consequences for the group: between layoffs and bonuses for leaving
Luciano’s “bombshell” interview Benetton to Il Corriere della Sera, which put the CEO of the Massimo group in the dock, although not naming him Renon, shook the environment. Renon – reports Il Corriere Veneto – would have been foreseen until September 2023 a rosier situation of that which then accumulated at the end of the financial year: Luciano Benetton spoke of “a dramatic budget holea shock that leaves us breathless: we will be around 100 million. On my part it was it was serious that I trusted“. With these words Luciano, president of the group, announces the exit, after the period of time that had been given for the relaunch ended without the much hoped for break even. But now it’s the ones who are trembling 1300 workers of the factory literally with the breathlessgiven that their working future is now at risk after this internal rift in the management. Anyone who decided to leave office would be offered a bonuses, the situation remains uncertain. It’s always on the table an incentive for voluntary exodus that is worth around 50 thousand euroslinked to length of service, which more than a few workers close to retirement have already exploited.
With Edizione, the family holding led by Alessandro Benetton and the CEO Enrico Lakeswhat time will take over the fashion group directlywith the appointment of a board of directors and a managing director, – continues Il Corriere Veneto – will have to write the recovery planwhile the family confirms their support, making it clear that they are ready to inject another 260 million euros, after 350 in the last three years. In any case, the watchword now between Benetton group and Edizione is discontinuity in management. Especially in the home holding company, whose board of directors includes representatives of the second generation, on a board led since January 2022 by Alessandro Benettonwhich will now somehow return to receiving the witnessed by his father around the fashion group.
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