Type
Business expansion
Country
Italy
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

200 jobs
Number of planned job creations
Job creation
Announcement Date
6 May 2016
Employment effect (start)
7 May 2016
Foreseen end date
31 December 2019

Description

Italian bank Cariparma announced its 2016-2019 industrial plan, that entails a net headcount increase of 200 people. The employment increase is the result of 600 new hirings and about 400 incentivised early retirements.

Cariparma has been part of the French group Credit Agricole since 2007. The management announced that the new industrial plan is very important because it invests on human resources and young workers in times of severe crisis for the banking sector.

Unions expressed satisfaction with the plan and praised the commitment to give access to managerial positions to women as announced by the bank.


Sources

  • 7 May 2016: La Repubblica
  • 12 May 2016: Aosta cronaca

Citation

Eurofound (2016), Cariparma, Business expansion in Italy, factsheet number 87502, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87502.