In the banking and insurance industry, staff is being cut back. The Wüstenrot Group has embarked on an austerity course and has also reduced employees as part of this, writes the “Standard” on Friday. According to reports, around 70 employees have left Wüstenrot or switched to semi-retirement. According to “Krone”, Bank Austria has new pension models for those born in 1967. Employees who were born in 1967 or earlier could accept this voluntarily.
It was not until 2020 that Bank Austria’s parent company UniCredit agreed with unions to cut 5,200 jobs in Italy, mainly through early retirement. The group wants to cut a total of 8,000 jobs by 2023 – up to 6,000 of them in Italy, the rest in Germany and Austria.
