Italy’s UniCredit to Eliminate 8,000 Jobs

Published: 3/12/2019
Italy’s UniCredit to Eliminate 8,000 Jobs
Source: FINANCE.YAHOO.COM

(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.UniCredit SpA Chief Executive Officer Jean Pierre Mustier will reward investors with 2 billion euros ($2.2 billion) of share buybacks in a new four-year strategic plan that will see about 8,000 job cuts as the bank grapples with slow economic growth and negative rates.The Milan-based lender,

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