“In three years, from 2013 to 31 March 2016, 11.988 workers left Italian banking groups and another 16.109 are set to roll out by 2020 on the basis of union agreements on the latest industrial plans. Of these, 8.928 are potentially eligible for early retirement”. This was underlined by the secretary of the Fabi, Lando Sileoni, presenting a study by the union on the 14 major Italian banks in addition to the 4 banks saved in Central Italy (Banca Marche, Etruria, CariFerrara and CariChieti).
Basically, in just over three years, just under 5% of bankers have left their jobs and in the next 4 years it will be the turn of another 7%. The employment crisis reflects the crisis and the cutting of branches. “From 2009 to 2016 – continues Sileoni – 3.972 branches were cut in the area, of which 1.697 in the last three years. In particular, in the 5 major Italian banks recently subjected to stress tests by the EBA, Intesa, Unicredit, Mps, Banco Popolare and Ubi, 2009 branches were closed or sold between 2015 and 4.439”.
Moreover, the fact that banks, in order to recover profitability, must completely redesign and greatly streamline their network by also reducing personnel is not new and the Governor of the Bank of Italy himself, Ignazio Visco, has pointed it out several times, even if the cuts numbers make an impression.
