Profumo Says UniCredit Job Cuts Part of 'Balanced' Plan

Alessandro Profumo, chief executive officer of UniCredit SpA, talks with Bloomberg's Nina de Roy from Vienna about the bank's three-year business plan that includes job cuts in Germany, Italy and Austria and targets revenue growth in eastern Europe. Italy's biggest bank said it will cut its workforce by 9,000 people, many of the positions related to the purchase of Rome-based Capitalia SpA last year. (Source: Bloomberg)

Bloomberg | June 26, 2008

Tags:. .plan. .source. .job. .cuts. .cut