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Number of employees of Italian banking group UniCredit 2019, by category

In 2019, the Italian bank UniCredit counted 65.6 thousand employees in the category employee staff. In the same year, the number of managers employed by the bank amounted to 26.5 thousand. Despite the drastic decrease in the number of employees in the last few years, UniCredit still remains one of the biggest employers in the banking sector in Italy.

Physical branches not a necessity

The cause of the decline in the number of employees at UniCredit, as well as in general in the banking sector, is due to a trend that has been going on for the last few years: bank branches are being closed. In fact, the total number of bank branches in Italy in 2018 amounted to 25.4 thousand, decreasing from 33.6 thousand in 2011. In the specific case of UniCredit, the number of branches decreased from 7.5 thousand in 2014 to 3.8 thousand in 2018.

Leading banks in Italy

Together with Intesa Sanpaolo, UniCredit dominates the banking sector in Italy. In 2018, UniCredit, headquartered in Milan, ranked second in Italy among the leading banks in terms of market capitalization. Moreover, as of March 2019, UniCredit was the bank with the highest number of fans on Facebook among its Italian counterparts. Surprisingly enough, in May 2019, the bank announced it decided to shut down its profiles on Facebook and on Instagram due to concerns about the way the social networks handle private data and sensitive information, making UniCredit the first large bank taking such a drastic measure.

Number of employees of the Italian global banking group UniCredit Bank in 2019, by category

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Source

Release date

April 2020

Region

Europe

Survey time period

December 31, 2019

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