Intesa Sanpaolo SpA secured consent from five banking unions for 1,600 jobs voluntary layoffs, Reuters reported May 30, citing a joint statement by the unions.
The Italian bank also agreed to hire 150 new employees, according to the report.
Intesa Sanpaolo secures banking unions' approval for 1,600 voluntary layoffs
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Intesa Sanpaolo secures banking unions' approval for 1,600 voluntary layoffs
- Author Asad Jafri
- Theme Banking
- Author
- Asad Jafri
- Theme
- Banking