Novares Monaco staff fight back over job cut plans
By Alexandre Morel, MonacoViews Editorial
Workers at Novares Monaco have renewed their opposition to a restructuring plan that would eliminate four positions and an entire department.
Staff at Novares Monaco gathered this week to restate their demands following the announcement of a restructuring plan that would cut four jobs and dissolve a full department within the group's Monaco operation. The workforce's representatives say the process has been deeply frustrating, with the vast majority of their counter-proposals rejected outright by management.
The dispute reflects broader pressures facing industrial and technical employers in the Principality, where redundancies carry particular weight given Monaco's relatively small working population and the importance placed on stable, long-term employment. For those affected, the loss of an entire service represents more than individual job losses — it signals a significant reduction in the company's local footprint.
Negotiations between staff representatives and Novares management are continuing, though the gap between the two sides appears substantial. Workers have made clear they intend to maintain pressure until a satisfactory resolution is reached.