(ANSA) - Milan, July 22 - Italy's biggest bank UniCredit is
considering making 10,000 staff redundant in a new strategic
plan that will be presented in December, Bloomberg News reported
Monday, citing persons close to the situation.
It is also planning a 10% cut in operational costs, the
agency said.
The cuts are still being reviewed and may be much lower, it
said.
A UniCredit spokesman declined to comment.
Banking trade union FABI General Secretary Lando Sileoni told
ANSA "a message to Jean-Pierre Mustier, UniCredit CEO: if these
rumours were confirmed this time we'll have a punch-up and if we
need to we'll use other means"
UniCredit 'mulls 10,000 lay-offs' in new plan
'It wd lead to a punch-up' says union boss