Trade unions are sounding the alarm over rising workplace stress in banks, as the sector experiences a dual phenomenon. On the one hand, the five largest Italian groups (Intesa Sanpaolo, UniCredit, Banco BPM, MPS, and BPER) are multiplying their profits, pocketing total record profits of €7 billion over the first quarter of 2026. On the other hand, jobs continue to decline: more than 4,700 job cuts were recorded during the same period, according to an analysis by the First-Cisl’s Fiba Foundatio
…Italy: banking sector unions protest against commercial pressure on employees
Banking sector trade unions in Italy are denouncing an increase in workplace stress, generated by commercial pressures exerted on employees, in a context where banks are increasingly profitable. While at the same time, the number of jobs is decreasing.
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