Intesa Sanpaolo agrees with unions on 1,600 voluntary job layoffs By –

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© -. FILE PHOTO: Intesa San Paolo financial institution brand is seen on the headquater in Turin

MILAN (-) – Italian largest retail financial institution Intesa Sanpaolo (MI:) reached an settlement with 5 banking unions for 1,600 voluntary layoffs, unions stated on Thursday

Under the settlement, Intesa will rent 150 new staff, primarily in its branches, unions added in a joint assertion.

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