Italy: agreement on generational renewal at Crédit Agricole, that        includes 1,000 voluntary departures and 700 new hires

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12 October 2021 à 14h32

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Publication: 12 October 2021 à 14h32

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On 02 October, Crédit Agricole's Italian subsidiary and the Fabi, First-Cisl, Fisac-Cgil, UILCA and Unisin trade unions signed an agreement on generational renewal that has been designed to facilitate the merger with Creval bank.
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12 October 2021 à 14h32

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Publication: 12 October 2021 à 14h32

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The text provides for 800 voluntary early retirements financed by the banking sector solidarity fund (including a maximum of 470 for the current company CA Italia and a maximum of 162 for Creval bank). These departures will be partly compensated by 500 new hires and the stabilization of 200 workers currently on apprenticeships or fixed-term employment contracts. In addition, incentives will be put in place to encourage the retirement of 200 employees for whom pension rights open by 31 August 20

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