Unicredit Layoffs

During Mustier’s tenure UniCredit had cut 14,000 jobs under a 2016-2019 plan. A second plan presented in December 2019 and due to run through 2023 envisaged a further 8,000 cuts, 6,000 of which were to be in Italy. The bank eventually agreed 5,200 departures in Italy and 2,600 new hires under that plan.Jan 27, 2022

Recent News and Discussions About Unicredit Layoffs

UniCredit mulls 3000 voluntary job cuts under new plan

https://www.reuters.com/business/unicredit-mulls-cutting-3000-jobs-under-new-plan-sources-2021-12-01/

UniCredit mulls 3000 voluntary job cuts under new plan
Dec 1, 2021 — UniCredit is considering cutting around 3000 jobs through voluntary departures under a new strategic plan the Italian lender is due to …


UniCredit agrees 1200 voluntary job cuts with Italian unions

https://www.euronews.com/next/2022/01/27/unicredit-jobs

Jan 27, 2022 — MILAN -Italian bank UniCredit has signed an agreement with unions for 1,200 voluntary job cuts to be partly offset by 725 new hires, …


UniCredit Reaches Deal With Unions on Job Cuts in Italy

https://money.usnews.com/investing/news/articles/2022-01-27/unicredit-agrees-1-200-voluntary-staff-exits-with-italian-banking-unions

Jan 27, 2022 — MILAN (Reuters) -Italian lender UniCredit has signed an agreement with unions for 1,200 voluntary job cuts to be partly offset by 725 new …


Unicredit German Unit to Take Significant Portion of Job Cuts …

https://money.usnews.com/investing/news/articles/2021-12-03/unicredit-german-unit-to-take-significant-portion-of-job-cuts-under-new-plan-source

Dec 3, 2021 — UniCredit has approved 22,000 job cuts since 2016 under two previous plans with Italy, which account for 44% of the workforce, taking the bulk …


UniCredit (UCG) Plans 3,000 Fresh Job Cuts as CEO Andrea …

https://www.bloomberg.com/news/articles/2021-12-01/unicredit-plans-about-3-000-fresh-job-cuts-under-strategic-plan

Dec 1, 2021 — UniCredit SpA is planning about 3,000 fresh job cuts as Chief Executive Officer Andrea Orcel seeks to focus on profitable businesses and …


UniCredit’s German Unit Is Set to Take Half of Fresh Job Cuts

https://www.bloomberg.com/news/articles/2021-12-03/unicredit-s-german-unit-is-set-to-take-half-of-fresh-job-cuts

Dec 3, 2021 — UniCredit SpA’s German operations are set to take about half the group’s planned job cuts as the firm seeks to boost profitability at the …


Italy’s UniCredit plans 3,000 job cuts, shifting focus to growth …

https://seekingalpha.com/news/3775863-italys-unicredit-plans-3000-job-cuts-shifting-focus-to-growth-bloomberg

Dec 1, 2021 — UniCredit (UNCFF) (UNCRY) stock gains 4.5% after a report that the Italian lender plans to cut about 3000 jobs, mostly at its corporate …


UniCredit agrees 1200 voluntary job cuts with Italian unions

https://www.nasdaq.com/articles/unicredit-agrees-1200-voluntary-job-cuts-with-italian-unions

Jan 27, 2022 — Italian bank UniCredit has signed an agreement with unions for 1200 voluntary job cuts to be partly offset by 725 new hires, the country’s …


Italy’s UniCredit to axe 950 jobs by 2024 – NS Banking

Italy’s UniCredit to axe 950 jobs by 2024

Dec 13, 2021 — Italian investment bank UniCredit is planning to lay off 950 full-time positions by the end of 2024, under its new restructuring plan.


UniCredit to axe 950 full-time roles in home market

https://www.retailbankerinternational.com/news/unicredit-to-axe-950-full-time-roles-in-home-market/

Dec 13, 2021 — Italian banking giant UniCredit is reportedly planning to slash 950 … voluntary layoffs , which entailed a total of 8,000 redundancies .


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