UniCredit bank to shed 8,000 jobs by 2023
Italian bank UniCredit said Tuesday it would eliminate 8,000 jobs in Western Europe and close 500 branches by 2023 to cut costs by a billion euros. The mesures, which were outlined in UniCredit’s 2020-2023 Strategic Plan, represent 12 percent of full time equivalent (FTE) positions and 17 percent of its branches in Western Europe, the […]