Italy: new agreement on generational renewal at UniCredit

The agreement signed on 19 December between Italy's second-largest bank and the Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin trade unions will enable 510 employees to take early retirement, while new recruits could total 424. The ratio of departures to new hires should therefore be higher than standard practice in the Italian banking sector (one new hire for every two departures).

By Hélène Martinelli. Published on 10 January 2024 à 15h27 - Update on 23 July 2024 à 15h08

The agreement continues the generational renewal policy that UniCredit has been pursuing for several years. Requests for early retirement following an agreement struck in December 2022 far exceeded the 850 departures planned for.…

Need more info ?

Contact

mind's on-demand study service

  • This field is for validation purposes and should be left unchanged.