Unicredito Spa (PC) (USOTC:UNCFF)
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1 Month : From Jul 2019 to Aug 2019
--UniCredit is weighing up as many as 10,000 job cuts and the reduction of other operating costs by as much as 10% as part of its new strategic plan to be unveiled in December, Bloomberg reports citing people familiar with the matter.
--The Italian lender is still reviewing the final numbers, which could be much lower. The dismissals will involve workers in Italy and other countries.
--UniCredit declined to comment on the matter.
Full story: https://bloom.bg/2Y5X9HX
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(END) Dow Jones Newswires
July 22, 2019 09:04 ET (13:04 GMT)
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