Campagnolo confirms a deep internal restructuring but rules out layoffs following an agreement with the unions

The labor situation at Campagnolo takes a significant turn. After weeks of uncertainty and negotiations, the Italian company has confirmed that there will be no layoffs at its headquarters in Vicenza after reaching an agreement with the unions and the so-called "social agents", signed before the end of 2025.

Campagnolo avoids staff cuts in Vicenza and moves forward with its restructuring

According to the official statement, 77% of the workforce supported the agreement, which is structured through a solidarity contract and explicitly excludes any form of dismissal. Campagnolo assures that this step allows it to start 2026 with "greater stability and a strong sense of responsibility," in contrast to reports published in November that pointed to the elimination of up to 120 jobs.

The announcement comes after a particularly delicate period for the company. As we had previously reported, Campagnolo acknowledged losses exceeding 24 million euros in the 2023-2025 triennium and presented a restructuring plan at the end of November that contemplated a very significant reduction in labor costs in Vicenza. That roadmap generated strong union opposition, especially from FIOM Vicenza, which argued that the financial situation did not justify such a drastic adjustment.

The now-confirmed agreement ensures that there will be no layoffs, although the company makes it clear that the transformation process is ongoing.

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Campagnolo does not hide that the social agreement does not mean stagnation. In its statement, it acknowledges that it is immersed in a "deep internal reorganization" that affects both the company's structure and its way of working. The goal is to simplify the organization, reduce decision-making layers, accelerate processes, and give more prominence to the young talent already present in the company. The brand itself emphasizes that this is not a superficial adjustment, but a necessary structural change to adapt to the current market demands.

The company does not detail those "demands," but the context is well known. After the sales boom during the pandemic, a good part of the cycling industry is now facing excess inventory, pressure on margins, economic uncertainty, and geopolitical tensions, including tariffs in the United States. In this scenario, other relevant brands in the sector have opted for staff cuts in recent months.

The Italian firm highlights that its new 13-speed transmission platform is delivering "very positive" results, both in sales and user satisfaction. The company speaks of market recognition for a change in pace in terms of technology, precision, and reliability, and positions this development as one of the pillars of its recovery.

Additionally, Campagnolo confirms an idea it had already hinted at in previous statements: the technology debuted in its 13-speed groups will reach more accessible ranges. The goal is to strengthen its market presence and reposition its groups on bicycles from major manufacturers, a strategic move after years focused almost exclusively on the premium segment.

The brand announces that throughout 2026, "other important developments" will be announced, without going into technical details or specific timelines.