The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - 65 - Insurance, reinsurance and pension funding, except compulsory social security
260 - 330 jobs Number of planned job losses
Announcement Date
9 December 2025
Employment effect (start)
9 December 2025
Foreseen end date
1 January 2028
Description
As announced on 9 December 2025, the Swiss insurance group Helvetia Baloise plans to cut 260 to 330 jobs in Germany by 2028. With the job cuts, the company aims to increase its profitability and streamline its corporate cultures.
The company is relying on natural attrition, but there will also be layoffs. In total, up to 2,600 positions are to be eliminated, mainly in Switzerland.
Helvetia and Baloise merged in December 2025. Overall, the group employs around 22,000 people in Switzerland, Germany, France, Italy, Spain, Belgium, Austria and Luxembourg.
Eurofound (2025), Helvetia Baloise, Internal restructuring in Germany, factsheet number 203855, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203855.
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