Italian bank UniCredit has confirmed its plans to cut around 6,000 jobs and close 450 branches in Italy. The layoffs and branch closures are expected to take place through 2023 as part of the firm's three year-efficiency plan in motion. The move follows the announcement of the Italian lender in December, which envisaged to axe about 8,000 positions and close 500 branches to shrink overall workforce by 9%. The announcement angered Italian unions. The Italian bank has also announced...
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