Asset manager Amundi plans to cut 50 jobs in Italy, document says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2025
0mins
Source: Reuters
Amundi's Staff Cuts: Amundi's Italian unit plans to cut 50 jobs, representing 13.8% of its workforce, as part of a strategy to achieve annual savings of 30-40 million euros by 2026 amid rising competition in the asset management sector.
Impact on UniCredit Contract: The layoffs are not related to the future of Amundi's distribution contract with UniCredit, which is currently under scrutiny due to ongoing takeover deals in the Italian banking sector.
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.
