Amundi's Italian unit reaches accord with unions over layoffs, unions say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2025
0mins
Source: Reuters
Job Cuts Agreement: Amundi's Italian division has reached an agreement with unions to cut 50 jobs, which includes incentives for early retirement and voluntary exits, as well as potential reassignments within the company or its parent group, Credit Agricole.
Safeguard Clause: The accord includes a safeguard clause that ensures any future layoffs will be managed in collaboration with unions, adhering to legal frameworks outlined in the national industry contract.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
