“There is no alternative”: Campagnolo lays off 40% of its staff after suffering heavy losses for third year running

November 27, 2025

Campagnolo has reportedly laid off 40 per cent of its workforce as part of what it describes as a “dramatic” restructuring project in the wake of three years of substantial losses.

According to Italian newspaper Il Gazzettino, the iconic components manufacturer confirmed this week that 120 of its 300 staff members are being let go, stating that “there is no alternative” to this round of redundancies “without dramatic consequences” for the company and the surrounding region.

In a statement, Campagnolo revealed that, according to its financial statements up to 31 May 2025, the company’s losses for the 2023, 2024, and 2025 financial years will surpass the €24 million mark.

These three years of consecutive losses have been attributed by the Vincenza-based brand to the global economic downturn which has battered the cycling industry since its Covid-era boom at the start of the 2020s. Road.cc