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Amundi plans 50 layoffs in Italy by year-end

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Amundi, Europe’s largest asset manager and a subsidiary of Credit Agricole, has reportedly communicated to unions its intention to reduce its Italian workforce by 50 positions by the end of the year. The redundancies, which represent 13.8% of the Italian staff, are part of Amundi’s strategy to meet savings goals…

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Click here to read the full story: Private Banker International

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