Intesa Sanpaolo Reaches Agreemment With Unions on Up to 1,600 Voluntary Layoffs
30 Mai 2019 - 7:09PM
Dow Jones News
By Pietro Lombardi
Intesa Sanpaolo SpA (ISP.MI) said Thursday it has reached an
agreement with unions for up to 1,600 voluntary layoffs.
The voluntary exits will happen by June 2021, the Italian bank
said.
Under the agreement, which was reached Wednesday, Intesa
Sanpaolo will hire up to 150 new employees starting from the second
half of 2021.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
May 30, 2019 12:54 ET (16:54 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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