Italy: UniCredit fosters staff retraining and generational renewal

Featured image of the article Italy: UniCredit fosters staff retraining and generational renewal
A new plan to overhaul the Italian bank (32,381 employees), which has been approved by the unions, puts the emphasis on training: 600 employees will follow an innovative requalification programme designed to strengthen the skills needed to transform the banking sector and to retrain people in key positions. The plan also provides for 1,000 voluntary retirements and early retirements and 750 new hires, mainly to strengthen the sales network.
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The agreements signed on 17 October by UniCredit and the FABI, First-Cisl, Fisac-Cgil, Uilca and Unisin trade unions establish the group as a pioneer in professional retraining in the Italian banking sector.

An ambitious training and retraining programme

The retraining and redeployment programme will involve 600 employees. It will be managed by a dedicated structure within the UniCredit University and divided into three phases: cross-functional training, training specific to the future role, and

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